OGX Finds Oil Off Brasil's Coast.

BLOOMBERG/
"OGX Petroleo e Gas Participacoes SA, the Brazilian oil company controlled by billionaire Eike Batista, said it found signs of crude off Brazil’s coast and that it is considering a share split next year.
The discovery is in the BM-S-29 block in shallow waters of the Santos Basin, about 130 kilometers (81 miles) off the coast of Sao Paulo state.
The shares have more than doubled this year on speculation Batista may replicate Petrobras’s success in finding crude off Brazil, site of the largest oilfield discovery in the Americas in the past three decades.