Petrobras Finds Traces of Oil in Canca Field

Source: Bloomberg 10/7/2011, Location: South America

Petroleo Brasileiro SA, Brazil’s state-controlled oil company, found traces of oil in an onshore well in the Canca field of the country’s Espirito Santo Basin.

The discovery in well 6BRSA969ES hasn’t yet been declared commercially viable, according to a posting on the website of Brazil’s National Petroleum Agency.

For more information about related Opportunities and Key Players visit Brazil Oil and Gas Projects


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