The mystery has been solved: 3R Petroleum and Enauta have announced the name of the new company resulting from their merger: Brava Energia. In Portuguese, the term “brava” is an adjective that connotes courage.
The merger discussions began in May this year with the final details now being disclosed. The new company will be led by Décio Oddone, who previously headed Enauta, as CEO, and will have a production portfolio of approximately 100.000 boed.
