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Posted by
Two Blokes Apr 30 -
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Stock
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Prio remains the top pick in Brazilian "junior oil," with low lifting costs and a strong focus on mature field optimization. The long-awaited Wahoo Field license is poised to boost production by 40,000 bpd, with Prio targeting 150,000 bpd by 2026/2027. Despite external headwinds, Prio's solid fundamentals, low breakeven price, and efficient operations provide resilience against volatile Brent prices.
