🟢 PETROBRAS is trading 4.06% up today after another oil-bearing interval was found at Morpho

PETROBRAS is trading at BRL 53.25, up 4.06%, after another oil-bearing interval was found at Morpho.

• Petrobras announced the interval at its Morpho well in the FZA-M-59 block offshore Amapá; the discovery was reported October 5.
• Evaluation and laboratory analysis are ongoing, so the find’s size and commercial potential are not yet established.
• The discovery provides further information about the Foz do Amazonas basin’s resource potential, giving investors a company-specific exploration development to focus on.