Petrobras sells Santos Basin stake to OGX for $270 mln

SAO PAULO Mon Nov 26, 2012 5:11pm EST

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SAO PAULO Nov 26 (Reuters) - Brazil's state-led oil company Petrobras agreed to sell its 40 percent stake in the Santos Basin's BS-4 concession to OGX Petróleo e Gás Participações S.A. for $270 million, according to a securities filing on Monday.

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