Petrobras Announces Shared Gulf Of Mexico Find.

BLOOMBERG.
Petrobras announced a major discovery in the Gulf of Mexico by it partner BP, PLC. Petrobras has a 20 percent stake in the Tiber Prospect field. The “giant” Gulf discovery MAY contain more than 3 billion barrels of oil.
The well is located about 250 miles (400 kilometers) southeast of Houston. It was drilled to approximately 35,055 feet (10,685 meters), greater than the height of Mount Everest.