You are currently browsing the Capital Comments weblog archives for the day 13. April 2009.
13. April 2009 by Dan Walkow, CFA, CMT.
Petrobras’s offshore bonanza may transform the country — if oil prices hold and the company can extract the crude from beneath kilometers of salt and rock.
As they say if the Brazilians can overcome the technological challenges extracting the oil and gas from the newly discovered offshore fields it will be a game changer for Brazil and investors alike. Bloomberg covers the story here.
Posted in Uncategorized | No Comments »