June 04, 2010 at 13:15 PM EDT
Petrobras Discovers 380M Barrels of Recoverable Oil
Petroleo Brasileiro SA (PBR), Brazil’s state-controlled oil producer, said it found light oil almost three miles below the ocean floor at the Marlim field off the country’s southeastern coast. The shares rose. The Brava discovery may hold about 380 million barrels of recoverable oil – Bloomberg
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