tiprankstipranks
Petrobras Unveils Major Gas Find in Colombia
Company Announcements

Petrobras Unveils Major Gas Find in Colombia

Petroleo Brasileiro SA- Petrobras (PBR) has released an update.

Pick the best stocks and maximize your portfolio:

Petrobras and Ecopetrol have announced the largest gas discovery in Colombia’s history through the drilling of the Sirius-2 well, revealing over 6 trillion cubic feet of gas. This monumental find, located offshore near Santa Marta, could potentially boost Colombia’s gas reserves by 200%. The consortium plans significant investments to develop the gas production, aiming to begin extraction within three years, which could reshape the country’s energy landscape.

For further insights into PBR stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlySLB awarded services contract for Petrobras offshore fields in Brazil
TipRanks Auto-Generated NewsdeskPetrobras Announces R$ 17.12 Billion Shareholder Remuneration
TipRanks Auto-Generated NewsdeskPetrobras Chairman Nominated for Key Regulatory Role
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App