Petrobras announces new subsalt find in Santos Basin
SAO PAULO Feb 20 (Reuters) - Brazil's state-led oil company Petrobras said on Wednesday it had made a new discovery of "good quality" oil in an area ceded by the government late in 2010, according to a securities filing.
The discovery in a part of the Santos Basin known as Florim contained oil registering 29 degrees on the American Petroleum Institute scale, directly beneath a deap-sea salt bed. Petrobras got access to the block in October 2010 by paying for the right to explore as many as 5 billion barrels of subsalt oil.
- Protesters fell Lenin statue, tell Ukraine's president 'you're next'
- Four dead in apparent Connecticut murder-suicide
- South Korea expands air defense zone to partially overlap China's |
- Singer Susan Boyle reveals she has Asperger's syndrome: paper
- Winter storm pushes up U.S. East Coast after deep-freeze in the South