GREY:ENGFF - Post by User
Comment by
Columbus1494on Oct 31, 2010 5:24pm
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Post# 17637205
RE: Marcio Mello - HRT
RE: Marcio Mello - HRTHRT strategy:
Selectively pursue new assets utilizing HRT‘s superior knowledge
HRT’s extensive knowledge and experience of the South American and Western African sedimentary basins provide the Company with an advantage in pursuing growth opportunities in productive and untapped basins, and in selectively exploring attractive opportunities with leading companies in the oil and natural gas industry. HRT intends to pursue value-added strategic alliances to gain access to additional high quality exploration blocks and to enhance its equipment, technology and resource base. These potential partnerships may also allow the Company to share the financial and operational risks generally faced by companies in the oil and natural gas industry. HRT may enter into farm-in agreements in the future to the extent they are consistent with its growth strategy and present an opportunity of capitalizing assets.
"Based on its extensive studies, HRT believes that the Solimões and Namibian Basins are among the most promising exploration areas in the world for oil and natural gas discoveries".
https://www.mzweb.com.br/hrt/web/conteudo_en.asp?idioma=1&conta=44&tipo=32081