PreSalt.com

24 Feb 2010 - by PreSalt.com - Source: Agencia Brasil

After much discussion and obstruction of the DEM party, the House of Representatives last night approved the bill of the Government establishing the Social Fund with resources from the exploration of oil and gas in pre-salt (subsalt) layer, except for the highlights which aim to change the text. The project was approved by 330 votes in favor and 1 against. The vote of the 14 highlights presented will occur today (24), in sessions scheduled for 9:30 and 14:30.

23 Feb 2010 - by PreSalt.com - Source: Agencia Brasil

The Chamber of Deputies has plenary, at 16h, to consider and vote matters. The first project under consideration is establishing a social fund with resources from the pre-salt (subsalt).

18 Feb 2010 - by PreSalt.com - Source: ROC OIL Co.

Lacula Oil Company Limited, a wholly owned subsidiary of Autralian ROC Oil Company Ltd (ASX: ROC, PINK: RCILF, ETR: ROQ, FRA: ROQ) provides an update on activity at the Cabinda Onshore Pre-Salt South Block, Angola.