looks very good for us only 5 klms and on trend : )
Brazilian state-run energy company Petroleo Brasileiro S/A (PBR, PETR4.BR) notified the country's National Petroleum Agency, or ANP, late Friday that a well in the Santos basin's Piracuca field tested positive for oil.
The discovery was made in the 4BRSA781SPS well in the offshore BM-S-7 block. In April 2009, Petrobras, as the company is also known, and Spain's Repsol YPF SA (REP, REP.MC) declared Piracuca commercially viable, estimating it held recoverable reserves of about 550 million barrels of oil equivalent.
Petrobras holds a 63% stake in the block, while Repsol holds 37%.
The well was spudded by the Pride South Atlantic rig to a total depth of 5,175 meters, ANP drilling data showed.
bring it on !!!!
pircuca commercially viable
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$1.92 |
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0.090(4.92%) |
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