Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (80190)	6/6/2010 2:00:26 AM
From: Sully-	Respond to of 90947

Major Oil Find Off the Coast of Brazil By: Stephen Spruiell The Corner Although, as Bill Maher has informed us, Brazil has no need for oil, having "got off oil" a long time ago, so Petrobras will probably let that 380 million barrels lie. <<< The Brava discovery may hold about 380 million barrels of recoverable oil and natural gas in the pre-salt layer, equal to 2.6 percent of the company’s proven reserves, Petrobras said today in a regulatory filing. The proximity to existing production equipment will help speed up output, Petrobras said. The company plans to more than double oil production to 5.7 million barrels a day by 2020 as it develops fields sitting below a layer of salt in deep waters of the Atlantic Ocean. >>> --------------------------------------------------------------------------------