RIO DE JANEIRO -(Dow Jones)- Brazilian state-run energy company Petroleo Brasileiro SA (PBR), or Petrobras, reported an oil and natural gas discovery at an onshore block in the Alagoas Basin late Thursday.
The discovery was made at the inland BT-SEAL-2 block in the Alagoas Basin, according to data on the National Petroleum Agency's, or ANP, Web site.
Petrobras reported the 5BRSA774AL wildcat well tested positive for traces of oil and natural gas. The well was drilled by the Sonda Convencional 109 rig to a total depth of 2,020 meters.
Oil companies operating in Brazil must inform the ANP of indications of oil, gas or hydrocarbons in any exploratory well within 48 hours. The disclosures are routine, and do not indicate commercial viability.
-By Jeff Fick, Dow Jones Newswires; 55-21-2586-6085; jeff.fick@dowjones.com