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Petro Rio S.A. HRTPF

"Petro Rio SA is engaged in exploration and production of oil and gas in Brazil and abroad. The Company is currently engaged in the hydrocarbon production in Polvo field."


GREY:HRTPF - Post by User

Comment by TCupon Sep 20, 2013 10:47am
413 Views
Post# 21754506

RE:RE:disappointing.can't belive this pos will soon be .01

RE:RE:disappointing.can't belive this pos will soon be .01Trader24, check OYL.V (CGX Energy), same theory re-south america and africa. A lot of time and a lot of money and drill results were zip however in this basin others have hit paydirt. The end problem with OYL they ran out of money, diluted the share base and a Brazillian company came in and now own most of the equity after a share consolidation. The Brazillian company may just now be successful since all the heavy sleding has been done. HRT's african leases may still have value for a joint venture/farmout. Also, HRT has cash, Polov, asset sales and the amazon basin and there in is value, how much time will tell. Anyways check out OYL.V. JMHO
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