SPECIAL: Milton Franke, HRT, says the company is pacified VALOR PRO
Claudia Schüffner
From Rio
A year and three months after the departure of the founder Márcio Mello presidency of HRT, the company wants to show that it is leaner and, say, humble under the direction of Milton Franke. The grandiose plans to find very light oil in the Amazon and equal volumes of the pre-salt in Namibia led to the intention of using the cash of R $ 365 million to buy mature assets already in production. "Our strategy, when we had to rethink HRT, was to be a more balanced company with exploration and production," explains Franke. "HRT today is a buyer of assets of production while seeking partners in Africa".
For acquisitions in Brazil, the target fields are on land or at sea, preferably in the Campos Basin (RJ), to make operational synergies. Despite the coveted license operator A in Brazil, which enables to operate in deep waters, HRT does not care to be the new area operator. For anyone not understanding the change in direction, Franke makes a point of stressing that HRT "has appetite but not as strong" as before.