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Carioca May Contain Largest Find In 30 Years
Published: 04/14/08 02:31 PM EDT
The National Petroleum Agency of Brazil announced that the Carioca offshore oil discovery made by Petrobas ( NYSE: PBR) may contain as much as 33 billion barrels of oil equivalent, the largest find in thirty years sending the stock price soaring...
The National Petroleum Agency of Brazil announced that the Carioca offshore oil discovery made by Petrobas (PBR) may contain as much as 33 billion barrels of oil equivalent, the largest find in thirty years sending the stock price soaring $8.48 to $121.33.

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