Petrobras Worst Big Oil Bet on Deepwater Disappointments – Bloomberg 06-15-12

Salient to Investors:

Brazil holds the world’s biggest oil discoveries since Kazakhstan found the Kashagan field in 2000. Brazil has at least 50 billion barrels of recoverable reserves in an area the size of Florida in deep waters off the coast of Brazil.

Read the full article at http://www.bloomberg.com/news/2012-06-15/petrobras-worst-big-oil-bet-on-deepwater-disappointments.html