Seeking Alpha

VSD » Comments » COP

  • Petrobras: Set to Become a Global Oil Major - Barron's [View article]
    Petrobras is a govt. owned company under control of a left leaning govt. It is not Saudi Aramco. But that is besides the point.

    Oil find by Petrobras will cost $40-50 to extract. The bigger reserves are under salt layers which noone knows how to drill. Wait for the environmental groups to study this and they will be all over this.
    Jun 29 14:38 pm |Rating: 0 0 |Link to Comment
More on COP by VSD
Comments by Ticker
VSD's
Comments Stats
64 comments
Rating: 14 (21 - 7 )