Petrobras says it struck light oil in deep waters offshore Sao Paulo state

Tuesday, August 14th 2012 - 23:23 UTC

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Brazil's state-managed energy giant Petrobras confirmed the presence of significant quantities of light oil in deep waters off the country's south-eastern coast. Petrobras said in a statement released late Monday that the high-grade oil was in the Carcara well, located 230 kilometres off the coast of the Sao Paulo state, in the BM-S-8 block. Read full article

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British_Kirchnerist
Good. And thankfully for Brazil there are no demarcation disputes on this one right?
Aug 15th, 2012 - 06:49 pm - Link - Report abuse 0
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