RIO DE JANEIRO, March 24 (Reuters) - Brazil's state-run oilcompany Petrobras said on Tuesday the consortium responsible forthe giant offshore Libra field had found good quality oil afterdrilling its second well.
The C1 well confirmed a column of hydrocarbons ofapproximately 200 meters in the central block of Libra which islocated in the Santos Basin, about 220 kilometers off the coastof Rio de Janeiro.
The consortium consists of Petrobras with a 40 percentstake, Royal Dutch Shell and Total SA bothwith 20 percent, and China's National Petroleum Corp and CNOOC with 10 percent each. (Reporting by Stephen Eisenhammer; Editing by Chris Reese)
