BG unveils new Brazilian oil discovery

Shares in BG Group rose today after the oil and gas explorer announced another crude oil discovery off the coast of Brazil.

BG unveils new Brazilian oil discovery
Fri, 08 Aug, 2008 - 10:54

Shares in BG Group rose today after the oil and gas explorer announced another crude oil discovery off the coast of Brazil.

BG described the find as material and said it was the sixth success at the deep-water Santos basin since the firm and its partners began drilling three years ago.

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