New natural gas and light oil reserves were discovered by Brazil ’s state oil company off its southeastern coast.
Petroleo Brasileiro SA gave no estimates of reserves in the new find, but said in a statement late Thursday that the discovery confirmed the "high potential" for oil and gas in the Espirito Santo basin.
Petrobras said the well drilled at a depth of 708 meters (2,322 feet) from the water's surface encountered natural gas at a depth of 3,417 meters (11,210 feet).
In addition to the gas, the well also detected light oil in shallower reservoirs, at a depth of 2,461 meters (8,074 feet), the statement added.
As a result of the find, Petrobras shares surged 4.33 percent to 84.14 reals (US$47.73, EUR32.69) in early trading on the Sao Paulo Stock Exchange
The announcement comes one month after Petrobras disclosed the discovery of as much as 8 billion barrels of light crude in an ultra-deep field off the coast of Rio de Janeiro, an amount that could help transform the country into a major world oil exporter.
Russia has been developing an energy module on the basis of the megawatt-class nuclear power plant since 2010. The spaceship needs neither sunlight nor solar batteries
There are legitimate authorities in Donetsk and Luhansk republics now, with which Russia can implement the project of the economic integration of the Donbass
Austria does not intend to expel Russian diplomats because of the spy scandal