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View Full Version : Petrobras spends $1 billion on ultra-deep wells



NewsWhore
08-22-2008, 04:41 PM
Brazil's state-run oil company says it has spent $1 billion on exploratory oil wells since 2005 in an offshore area that could hold as much as 55 billion barrels of crude. Petroleo Brasileiro SA (nyse...

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/17124705/)