Luis - just for the sake of absolute clarity. The new well has not yet reached the target reservoir and this claim of 33 Gbs is total hype by a government official talking out of turn. Which just by chance has sent the shares in BG Group, Repsol and Petrobras skywards today dragging the whole of the world oil equities market with them.

Exactly,

they are not even through the salt yet.

Such an announcent like this in the UK or US would get your collar felt...

Unfortunately, he is unlikely to suffer any retaliation in Brazil. We have worse cases to prosecute.

What is funny is that, after being recorded making the anouncement, he now denies it!

One might wonder why ANP Director Lima got his statement
"slip up"
. It won't have to do with shares, will it? Of course not: Still on Tuesday night Lima declared that he had not had any intention to provoke a speculative movement in the stocks marketwith his declaration about the Carioca field. He admitted to have learnt that many people lose or made money by applications in Petrobras shares, as already had happened in several other opportunities in Brasil (this sentence is not really clear to me - maybe he just said it so or it is due to my limited Portugese).