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 volume 13, issue #15 - Friday, August 22, 2008

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Petrobras discovers oil in Northeast Brazil

10-07-08 Brazilian state-run energy giant Petroleo Brasileiro, or Petrobras, notified the country's National Petroleum Agency, or ANP, of two recent oil discoveries in Northeast Brazil.
In a routine filing with the ANP, Petrobras said that it had discovered oil in two land blocks in Rio Grande do Norte and Bahia states.

Wells drilled in the BT-POT-4 block in Rio Grande do Norte and the REC-T-31 block in Bahia both showed indications of oil.
Oil companies operating in Brazil are required to inform the ANP if any exploratory wells hit oil or gas.

Source: www.latinpetroleum.com



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