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Thursday 11:15 AM Repsol (REPYY.PK) says some of the areas it is exploring off the coast of Brazil contain more than 1B barrels of oil and gas, a development it hopes will help persuade investors its future remains bright even after Argentina's nationalization of YPF. But the areas may not start producing large amounts of oil and gas - and substantial cash flow - for several years.
Comment![Energy, Global & FX]
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