Beverly Hills 12/19/2009 3:20:28 AM
News / Business

Presalt Oil Play Discovered Off Brazil Coast

Finance World News Update by EQUITIES Magazine

Anadarko Petroleum Corp. reported a discovery in the presalt play off Brazil, 6 miles southeast of the giant Hubarte complex run by Petrobras.

 

The 1-DEV-15-ESS (Itaipu) well, drilled to 16,300 ft in 4,400 ft of water, cut more than 90 net ft of oil pay in a high-quality presalt carbonate, Anadarko said.  

 

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