Carcara Will be ‘Transformative’ Discovery for QGEP

(Corrects investment figure in second paragraph.)

Co. and partners plan to release final Carcara offshore well results in the next few months. * QGEP to spend $230 million on exploration in 2013, Chief Financial Officer Paula da Costa says * QGEP is in negotiations to hire drilling rig already in Brazil, Chief Executive Officer Lincoln Guardado said in a conference call

To contact the reporter on this story: Rodrigo Orihuela in Rio de Janeiro at

To contact the editor responsible for this story: Peter Millard at

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