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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 Oiljars51on Mar 29, 2013 11:24pm
273 Views
Post# 21186965

RE: RE: RE: New Calls and Minutes on the Website

RE: RE: RE: New Calls and Minutes on the Website

The seismic indicates hydrocarbons are present. Is it oil or gas? If oil, is it in commercial quanities? The real question is , was the source rock in good communication with this trap (reservoir)? If so, we are holding gold! It really does not matter to me what the compensation/bonuses package is. If they find the oil,  they have earned it, If not, it will not matter a year from now, this stock and company will be done.

GLTA

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