Bloomberg News

Petrobras Finds Oil, Gas in C-M-95 Block of Brazil Campos Basin

October 19, 2011

Oct. 19 (Bloomberg) -- Petroleo Brasileiro SA, Brazil’s state-controlled oil company, found traces of oil and gas in an offshore well in the C-M-95 block of the country’s Campos Basin.

The discovery in well 3BRSA960DRJS hasn’t yet been declared commercially viable, according to a posting on the website of Brazil’s National Petroleum Agency.

Petrobras owns 100 percent of the well.

To contact the reporter on this story: Karen Eeuwens in London at keeuwens@bloomberg.net

To contact the editor responsible for this story: James Kraus at jkraus2@bloomberg.net


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