Petrobras (PBR) Announces New Gas Discovery in Colombia

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) is one of the best undervalued stocks under $50 to invest in now. Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) announced on March 18 a new gas discovery in the Copoazu-1 exploratory well, located in Block GUA-OFF-O in deep waters offshore Colombia. Management stated that the discovery consolidates the gas province and the gas potential in the Colombian offshore, and also contributes a significant volume of gas to the region’s energy security. Is Petroleo ...