Petroborn Óleo e Gás SA, a Brazilian oil and gas exploration and production company, signed a memorandum of understanding with Pathfinder Energy Corp. for resource exploitation in Brazil.
This partnership aims to enhance the evaluation, acquisition, exploration, and production of onshore oil and gas assets in Brazil. The collaboration leverages Pathfinder Energy Corp.'s advanced technological expertise and Petroborn's local knowledge and operational experience, positioning both companies to make a significant impact on the Brazilian oil and gas sector.
“This collaboration enables us to utilize Pathfinder’s innovative technologies to maximize our assets' potential and highlight oil and gas opportunities to the Canadian market,” said Marcos Farina, chief executive officer, Petroborn.
Pathfinder Energy is a technology company focused on identifying and exploiting resources onshore Brazil.
Petroborn Óleo e Gás is an independent Brazilian oil and gas exploration and production company with assets on Tucano Sul and Reconcavo basin.
