Azevedo & Travassos Energia corrects Periquito gas output figure in Q2 2026 earnings call deck
Reuters2026/09/05 22:31- Azevedo & Travassos Energia issued an erratum correcting oil and gas production data shown in its Q2 2026 earnings call presentation.
- The error involved gas output for the Periquito hub; operational data and calculations were reviewed and the disclosure was amended.
- Figures reported to Brazil’s ANP and those in the company’s audited financial statements were unchanged.
- The company also clarified Phoenix output is sold on the spot market, typically at discounts when Brent is unusually high.
- Gas volumes are converted to boe for reporting, but gas boe pricing is lower than crude and subject to ICMS tax.
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