GREY:HRTPF - Post by User
Post by
plieberon Aug 09, 2011 12:34pm
313 Views
Post# 18922097
No News = Bad News
No News = Bad NewsApparently they do things differently in Brazil or maybe HRT is an exception. In any event HRT does a lousy job of keeping investors informed. An average oil rig can drill about 10000 feet in a month yet it's been over 5 weeks since 2 wells were spuded and over 3 months for a 3rd well in Solimoes. And, what about the 3d seismic data acquisition in February in the Walvis Basin? Can we assume we have at least one dry hole in Solimoes and no trace of oil so far in the Walvis Basin?