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Bullboard - Stock Discussion Forum Petro Rio S.A. HRTPF

Energy Oil & Gas E&P
"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 Discussion

Petro Rio S.A. > TardNation Whoppers abound
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Post by Drill_Deep,_Find_oil,_stay_calm on Jul 22, 2013 11:51am

TardNation Whoppers abound

HRT is going broke...sell, sell. Wrong, GALP is paying most of the 3 wells offshore Nam

There is no oil offshore Nam. Wrong and Wingat proved that

HRT Mngmnt are morons. Wrong, they have run very safe operations, onshore and offshore. This just doesn't happen. Takes whack of planning and cash. High risk, high reward if successful.

One fact that isn't wrong, TardNation posters including Prez Bugtard, are available at all hours to spread HRT mis-information here and everywhere....job well done by those paying you to chirp from the keyboard. And now HRT is halted, I'm speculating takeover unless the Marianas has sunk
Comment by wallywill on Jul 22, 2013 12:04pm
Add in the remaining 4 payments of $200 million for the Solimoes.
Comment by akagoofy on Jul 22, 2013 12:08pm
Wally, do you remember if that was USD?  if so, 225M for 1B worth of assets and cash + the Nam property + write-downs seems like a pretty good deal
Comment by wallywill on Jul 22, 2013 12:34pm
It was in USD
Petro Rio S.A.
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