Good point Swan, also worth noting that the first hole Petrobras drilled in this lease, Quasi was a duster and they did not waste any time on it.
the annoucement 60 Days ago finding light oil, with no more annoucements ia a big positive, as Petrobras have already demonstrated that they do not wate their own time and money.
KAR could be sitting on 20% of a massive oil find.
This give's KAR many, many options going forward.
borgny dolphin under towfrom maruja-1!!!, page-4
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