"Petrobras Oil Reserves Likely to Swell on Iara Field"

Yippee and hooray!

This find has postponed the day when the oil runs out by another couple of years.

NB: the figures they bandy about seem to be all over the place. For an explanation of the difference between 'resources' (what's physically there) and 'reserves' (what can be extracted profitably) see here.