May 14, 2013 / 8:24 PM / 5 years ago

Brazil's first oil auction in 5 yrs ends early with record bonuses

RIO DE JANEIRO, May 14 (Reuters) - Brazil’s first oil exploration and production rights auction in five years ended one day early on Tuesday, with oil companies bidding up bonuses to a record 2.82 billion reais ($1.41 billion) to win blocks in 11 regions, the oil regulator ANP said.

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