Petrobras Finds Oil, Gas in C-M-95 Block of Brazil Campos Basin
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Petroleo Brasileiro SA, Brazil’s state-controlled oil company, found traces of oil and gas in an offshore well in the C-M-95 block of the country’s Campos Basin.
The discovery in well 3BRSA960DRJS hasn’t yet been declared commercially viable, according to a posting on the website of Brazil’s National Petroleum Agency.