By Bruno De Nicola, Contributing Reporter

RIO DE JANEIRO - Spain's oil giant, Repsol, announced last week the discovery of a new offshore oil well in the BM-S-48 Block of the pre-salt area, around 257 kilometers off the São Paulo state coast, in the Basin of Santos. Vampira is the Spanish company's fourth discovery this year, creating a total of six findings in Brazilian waters and following those of Guarà, Carioca, and Iguaçu Norte in the BM-S-9 Block.

Repsol-YPF is an international integrated gas and oil company operating in thirty countries . . .

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