Ecopetrol completes US$ 1.2 billion purchase of 51% stake in Brava Energia

Reuters2026/08/18 04:22

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Ecopetrol completed the purchase of a controlling ~51% voting stake in Brazil’s Brava Energia for ~USD 1.2 billion.
Control was built via a tender offer for 116,110,717 shares (~25%) and a share purchase for 120,813,490 shares (~26%).
Funding came via an intercompany loan from Ecopetrol Capital to Ecopetrol Investimentos do Brasil.
Brava reported 1P reserves of ~459 mmboe, 2P reserves of ~605 mmboe at Dec. 31, 2025.
Average production was ~78,800 boe/d for the six months to June 30, 2026; June production was ~84,400 boe/d.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ecopetrol SA - Empresa Colombiana de Petroleos published the original content used to generate this news brief via PR Newswire (Ref. ID: MX28148) on August 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ecopetrol completes US$ 1.2 billion purchase of 51% stake in Brava Energia

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