Azibras Exploracao De Petroleo E Gas LTDA has first dibs on exploration acreage because of its ties to the parent firm and the Brazil government. The pre-emption rights to purchase existing oil and gas assets that are for sale, as well as additional regions that Azibras Exploracao De Petroleo E Gas LTDA obtained through direct discussions with the government, are all available to the Company. The Company may successfully compete with the largest multinational oil firms by diversifying its exploration portfolio and leveraging this advantage. obtained through direct discussions with the government, are all available to the Company. The Company may successfully compete with the largest multinational oil firms by diversifying its exploration portfolio and leveraging this advantage.
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