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BG Group Says Iracema Reservoir Quality Excellent

 
By Sarah Turner
MarketWatch Pulse
     

    LONDON -- BG Group said Thursday that the Iracema appraisal well in Brazil has confirmed the presence of an excellent quality light oil bearing reservoir, 33 kilometres north-west of the original Tupi discovery well. The well in-flow performance recorded during the tests was the highest so far achieved in BG Group's Santos Basin interests, BG said.

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