Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

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

News SummaryMost relevantAll newsSector news 

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
04/12/2012 | 01:40am CET

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
12/08 PETROLEO BRASILEIRO PETROBRAS : Studies from University of Parma Reveal New Find..
12/07 PETROLEO BRASILEIRO PETROBRAS : Brazilian construction cartel fixed bidding for ..
12/06 PETROLEO BRASILEIRO PETROBRAS : Brazils Petrobras Announces Hikes in Fuel Prices
12/06 PETROLEO BRASILEIRO PETROBRAS : Sales Process of Petrobras Distribuidora and Ons..
12/05DJPETROLEO BRASILEIRO PETROBRAS : Brazil's Petrobras to Raise Gas and Diesel Price..
12/05DJPETROLEO BRASILEIRO PETROBRAS : Brazil's Petrobras to Raise Gas and Diesel Price..
12/05 PETROLEO BRASILEIRO PETROBRAS : Brazilians protest bill they say weakened anti-c..
12/05 PETROLEO BRASILEIRO PETROBRAS : We received over R$204 million recovered by the ..
12/05DJPETROLEO BRASILEIRO PETROBRAS : Thousands of Brazilians Protest in Support of Gr..
12/04 PETROLEO BRASILEIRO PETROBRAS : Thousands protest against corruption across Braz..
More news
Sector news : Integrated Oil & Gas
09:42p Oil traders prepare flotilla to ship U.S. exports to Asia
08:02p GAZPROM : Russia, Ukraine edge closer to gas accord at EU-brokered talks
12/08 Kremlin says Rosneft deal with Qatar, Glencore purely commercial
12/07DJSANTOS : to Focus on Five Natural Gas Assets, Flags Sales -- Update
12/07 Kremlin says Glencore, Qatari fund to buy 19.5 percent stake in Rosneft
More sector news : Integrated Oil & Gas
News from SeekingAlpha
12/08 Petrobras reaffirms plans to sell $4B in assets by year-end
12/07 Brazil audit court asks Petrobras to pause new asset sales
12/05 Petrobras to raise gas and diesel prices
12/05 Braskem +20% in two days on corruption settlement
12/05 How Petrobras Can Double Its Share Price
Financials ( BRL)
Sales 2016 273 348 M
EBIT 2016 29 733 M
Net income 2016 -1 530 M
Debt 2016 334 394 M
Yield 2016 1,25%
P/E ratio 2016 -
P/E ratio 2017 19,06
EV / Sales 2016 2,04x
EV / Sales 2017 1,76x
Capitalization 224 596 M
More Financials
Duration : Period :
Petroleo Brasileiro SA Pet Technical Analysis Chart | PETR4 | BRPETRACNPR6 | 4-Traders
Full-screen chart
Technical analysis trends PETROLEO BRASILEI...
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus HOLD
Number of Analysts 14
Average target price 15,8  BRL
Spread / Average Target 0,88%
Consensus details
EPS Revisions
More Estimates Revisions
Pedro Pullen Parente President, CEO & Executive Director
Luiz Nelson Guedes de Carvalho Chairman
Ivan de Souza Monteiro Chief Financial & Investor Relations Officer
Roberto Moro Chief Engineering & Technology Officer
Luiz Augusto Fraga Navarro de Britto Filho Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TOTAL11.27%124 812
NK ROSNEFT' PAO--.--%62 923
STATOIL ASA20.86%58 380
GAZPROM PAO--.--%57 235
More Results