Bloomberg News

Petrobras Finds Oil, Gas in Brazil’s Reconcavo, Campos Basins

February 27, 2012

Petroleo Brasileiro SA (PETR4), Brazil’s state-controlled oil company, discovered traces of oil and gas in an onshore well in the country’s Reconcavo Basin and oil in an offshore well in Brazil’s Campos Basin.

The discoveries in well 3BRSA1039DBA of the Cexis field in the Reconcavo basin and well 3BRSA1017DRJS of the Marlim Leste field of the Campos Basin haven’t yet been declared commercially viable, according to a posting on the website of Brazil’s National Petroleum Agency.

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

To contact the editor responsible for this story: Leonardo Lara at llara1@bloomberg.net


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