Bloomberg News

BG Group, Galp Advance After Santos Reserve Estimate Doubled

By Stephen Cunningham
June 30, 2011

June 30 (Bloomberg) -- BG Group Plc rose as much as 6.7 percent in London trading after doubling its estimate of reserves and resources in the Santos Basin in Brazil. Galp Energia SGPS SA climbed as much as 9.8 percent in Lisbon.

To contact the editor responsible for this story: Stephen Cunningham at scunningha10@bloomberg.net

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