Exxon Finds Oil Near Massive Brazilian Fields

Published Thu, Jan 22 2009 1:42 PM ESTUpdated Fri, Sep 13 2013 4:33 PM EDT

The Associated Press

Exxon has told Brazilian officials it discovered oil in deep water off Rio de Janeiro, near massive fields that could hold as much as 80 billion barrels of oil.

State media said Wednesday that Exxon Mobil did not estimate the size of the find in a filing with Brazil's National Petroleum Agency.

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