ects before (EoTM September 2009). The sub-salt fields in Brazil lay 7 kilometers below the surface of the ocean, beneath a thick salt canopy in the Lower Tertiary region. Oil extraction can be quite complicated due to the low permeability and porosity of the salt canopy, and tar pockets. Our investments in th

nevt? PT from 832 to $25 CIE reported a dry hole at the Aegean prospect in the US GoM (CIE 60%. Total 40%), a three-way trap targeting the inboard Lower Tertiary. CIE will now release the Ensco 8503 rig. Upcoming targets include Bicuar (late 10/2O) and Orca (2O14) in Angola, as well as three non-operated US