light-oil discovery

Oil & Gas

Yet more Brazilian strikes

ANADARKO Petroleum has made a major "pre-salt" oil discovery on the Wahoo prospect in Brazil's prolific Campos Basin with its 1-APL-1-ESS well drilled on block BM-C-30 in some 1,417m (4,650ft) water depth. Preliminary results, based on wireline logs, indicate at least 60m (195ft) of net pay with similar characteristics to the nearby Jubarte 1-ESS-103A well.

Breaking