Brava Energia S A S/Adr (BVENY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

May 2026, an award-concert at the Oscar of the Global Oil and Gas Industry is about to change hands. For the first time, it goes to a Brazilian independent oil and gas company. Brava Energia received the 2026 OTC Outstanding Company Award for the Full Development System of Atlanta Field in the Santos Basin, an achievement that belongs to Brava, but also to the entire Brazilian industry. Atlanta is no ordinary project. It is the deepest heavy oil field in the world. Just talking about heavy oil brings a great deal of complexity. Talking about deep waters brings the need for extreme capital discipline. So for an independent company like Brava, this makes it a double challenge. Getting extremely viscous oil to flow from the seabed to the surface required solutions that had never been tested on a large scale in Brazil. Bravo managed to bring together highly experienced people with deep industry knowledge and extensive expertise along with a younger group of people that brought technology and innovation to the table. The more experienced guys listened And we arrived at this final consensus, this great achievement. The OTC award is not a brava award. It is an award for the Brazilian industry, especially for independent oil and gas companies. We know that the Brazilian market was heavily geared toward the majors, which have immense technical and financial capabilities. I think this award Good afternoon, everyone. and welcome to the conference call to discuss Brava Energia's first Q2026 earnings results. The presentation and comments about the results will be made by Brava's CFO, Luiz Carvalho, and other members of the management. There is simultaneous interpreting on the platform. To access this resource, you need to click on the interpretation button on the bottom of the s...