Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Bolsa de valores de Sao Paulo  >  Petroleo Brasileiro SA Petrobras    PETR4   BRPETRACNPR6

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Petroleo Brasileiro SA - Petrobras : Brazil ANP : Spill At Roncador Didn't Originate In Campos Oil Reservoir

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/12/2012 | 01:40am CEST

RIO DE JANEIRO (Dow Jones) -- Brazil's oil industry regulator ANP said tests on samples collected from an oil spill at Roncador field in Brazil's Campos Basin indicate the oil didn't originate in any Campos oil reservoir.

Results of the tests indicate the fluid collected is drilling oil or another type of oil commonly used in well operations, ANP said in a statement Wednesday. The regulator said it continues to analyze the incident and the oil's origin.

ANP had said Monday that oil was discovered seeping from cracks near the Roncador field, about 120 kilometers off the coast of Rio de Janeiro state. The Campos Basin produces more than 90% of Brazil's crude oil.

The seep was near the border between Roncador and the Frade field operated by U.S. oil major Chevron Corp. (CVX). In November, a drilling accident caused an estimated 2,400 to 3,000 barrels of oil to spill into the Atlantic Ocean from similar seeps at Frade, where production was halted.

Brazilian state-energy company Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said earlier Wednesday that the oil seep discovered is not related to the company's nearby Roncador field.

"The drops collected have characteristics similar to a type of fluid used during well-drilling operations," Petrobras said in a statement. Petrobras said that no recent drilling operations had been conducted near the area, nor had the company registered any oil slicks on the ocean's surface.

Petrobras also said that evaluation of the Roncador wells showed cement casings to be sound. "The origin of this fluid is being analyzed by the company's technical team," Petrobras said.

-By Diana Kinch, Dow Jones Newswires, Tel: 55 21 2586 6086, diana.kinch@dowjones.com

--Jeff Fick contributed to this article

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PETROLEO BRASILEIRO SA PET
08/18 Citigroup tops bank group for Petrobras unit IPO - source
08/18 EXCLUSIVE : Citigroup tops bank group for Petrobras unit IPO - source
08/18 PETROLEO BRASILEIRO PETROBRAS : Former influential Brazil pol accused of bribe-t..
08/18 PETROLEO BRASILEIRO PETROBRAS : Vantage Drilling International Announces Closing..
08/17 PETROLEO BRASILEIRO PETROBRAS : Planned Stoppage Slows Petrobras Production in t..
08/17 PETROBRAS : - Oil and natural gas production in July
08/17 PUBLIC OFFERING OF DEBENTURES WITH L : Bookbuilding Procedure Concluded
08/17 PETROBRAS : targets US$17bn investment, US$8bn divestment in 2017
08/16 PETROBRAS : - Sale of Assets in Paraguay, Start of the nonbinding phase
08/16 PETROLEO BRASILEIRO PETROBRAS : Oil and natural gas production in July
More news
News from SeekingAlpha
06:22a WEEK 34 BREAKOUT FORECAST : Short-Term Picks To Give You An Edge
08/18 Petrobas preps for fuel distribution IPO
08/18 REPORT : Petrobras, Brazil government dispute rights transfer worth $30B
08/18 Brazil to swap environmental fines for recovery works, benefiting Petrobras
08/16 Brazil prosecutors to probe Petrobras Argentina sale, lawyer says
Financials ( BRL)
Sales 2017 299 228 M
EBIT 2017 48 588 M
Net income 2017 18 154 M
Debt 2017 303 381 M
Yield 2017 5,47%
P/E ratio 2017 11,54
P/E ratio 2018 9,07
EV / Sales 2017 1,62x
EV / Sales 2018 1,42x
Capitalization 180 680 M
Chart PETROLEO BRASILEIRO SA PET
Duration : Period :
Petroleo Brasileiro SA Pet Technical Analysis Chart | PETR4 | BRPETRACNPR6 | 4-Traders
Technical analysis trends PETROLEO BRASILEIRO SA PET
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 16,8  BRL
Spread / Average Target 24%
EPS Revisions
Managers
NameTitle
Pedro Pullen Parente President, CEO & Executive Director
Luiz Nelson Guedes de Carvalho Chairman
Ivan de Souza Monteiro Chief Financial & Investor Relations Officer
Roberto Moro Chief Engineering & Technology Officer
Segen Farid Estefen Director
Sector and Competitors
1st jan.Capitalization (M$)
PETROLEO BRASILEIRO SA PETROBRAS-11.70%57 514
ROYAL DUTCH SHELL-10.72%226 044
PETROCHINA COMPANY LIMITED-0.25%205 923
TOTAL-12.46%125 032
STATOIL-8.65%59 613
ENI-13.32%56 450