Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Voyageur Signs Letter of Intent with Large Multinational Pharmaceutical Company (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 by User

Petro Rio S.A.
Bullboard Posts
User Avatar Image
(0)
•••
Comment by pianoman88on Aug 15, 2011 10:40am
332 Views
Post# 18942151

RE: THE LAST SHALL BE FIRST

RE: THE LAST SHALL BE FIRSTKento, I listened to the web cast again today, and if you go to 51 minutes and 35 seconds into it, you will here Marcio say the prediction for well #1 is August 25. At 53 minutes 30 seconds he says "but now we re at full speed". At 54 minutes 18 seconds he talks about "taking more time in all the diabase sills... our speed of drilling there is in terms of 1.2 to 2 meters per hour. This rock is very hard."
Finally, everyone should go to their website to listen to the webcast themselves and download the 2Q11 Presentation where on page 9 the prediction for well # 1 to reach depth has been changed from what it was onFriday to reflect what Marcio said, which is 08/25/2011
Hope this helps.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities