Petrobras announces new pre-salt oil discovery in Marlim Sul [Yahoo! Finance]
Petroleo Brasileiro S.A. Petrobras American Depositary Shares representing Preferred Shares (PBR.A)
US:NYSE Investor Relations:
investidorpetrobras.com.br/en
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Source: Yahoo! Finance
According to a filing with the US Securities and Exchange Commission, the find was made through an exploration well, 3-BRSA-1397-RJS. The well was drilled 113km offshore from Campos dos Goytacazes in Rio de Janeiro at a water depth of 1,178m. Identification of the oil-bearing interval was based on wireline logs, hydrocarbon shows and fluid sampling. These samples will undergo laboratory analysis to evaluate the characteristics of the discovered reservoirs and fluids, facilitating further assessment of the area's potential. The Marlim Sul field has been under Petrobras' operation since its discovery in November 1987 via well 4-RJS-382. Petrobras, which has full ownership of the field, reported that drilling operations related to 3-BRSA-1397-RJS concluded safely, following health, safety and environmental standards. Petrobras is working in the Campos Basin to replace reserves in an aging, long-producing region, supporting the company's long-term viability and helping meet Bra
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