Tuesday, June 17, 2008

Seek And Ye Shall Find -- Brazil Discovers Another New Oil Field

The Brazilians must have been reading Luke 11:9

Luke 11:9 And I say unto you, Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you.

Knock, knock:
BG, Petrobras Find More Oil in Brazil's Santos Basin BG Group Plc, the U.K.'s third-largest oil and gas company, and Petroleo Brasileiro SA made a second discovery in Brazil's Santos Basin.

The Guara exploration well struck oil in the BM-S-9 concession area, according to the partners, which also include Repsol YPF SA. That's in the same block as the Carioca discovery in September, which Brazil's petroleum regulator said may contain as many as 33 billion barrels of oil.
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