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Petrobras oil and gas output slips 1.3% in March

  • Petrobras (NYSE:PBR) says its overall output for March fell 1.3% from February to 2.764M boe, blaming the drop in part on maintenance stoppages at its new P-58 platform during the month.
  • PBR says production at the sub-salt region rose 0.5% to hit a new monthly record of 672K bbl/day.
  • Separately, PBR says it hit pay in two separate wells in Brazil's Amazon and Espirito Santos basins.

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