PETROBRAS UNVEILS FOUR BIG CAMPOS FINDS

Petroleo Brasileiro SA has discovered four more offshore Campos basin fields that are expected to boost Brazil's crude oil reserves by more than 1 billion bbl. Three of the discoveries are in water deeper than 3,000 ft. If a fast track development plan were feasible and approved in time, combined production from the new fields--East Albacora, Caratinga, East Marlim, and Guarajuba--could within 3 years reach more than 200,000 b/d. That would help boost the country's oil production to

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