Galp, Petrobras Discover Evidence of Oil in Onshore Sergipe Well
The discovery was made at well 3GALP43SE in the SEAL-T-429 block, the National Petroleum Agency said on its website. The companies haven’t determined whether the find can be developed commercially. Lisbon-based Galp and Petrobras, based in Rio de Janeiro, each own 50 percent of the concession.
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