Financial qualification for companies interested in participating in Brasil Round 8 will be established based on the following parameters:
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Consolidate Financial Statements for the last three years;
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Independent Auditor Report (if applicable);
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Bank Reference
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Description of any significant liabilities or obligations not reflected on the Company’s Balance Sheet and accompanying notes which may impact the future activities of the Company;
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Detail of medium-term plans, if these are expected to alter the financial status of the company;
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Summary of Financial Statements, as Annex XI.
The minimum shareholder equity demanded for the qualification is defined in table 5 of the Initial Tender Protocol, as show below:
Company Qualification
Minimum Shareholder Equity Remanded (R$)
A
22.000.000,00
B
20.000.000,00
C*
1.000.000,00
*In no event will be qualified a companies with less that R$ 1.000.000,00 (one million Reais) of shareholder equity, without forming a consortium, as an Operator. However, companies could be qualified as operators C, for onshore blocks, with shareholder equity greater than R$ 350.000,00 (tree hundred and fifty thousand Reais), only in case of the total shareholder equity of the consortium is greater then R$ 1.000.000,00 (one million Reais).
Note: This guide is only provided
for general orientation of prospective participants of Brasil
Round 8. Details on the qualification process must be obtained
at the Final
Tender Protocol.
