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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

Post by statesideon Apr 01, 2013 2:29pm
304 Views
Post# 21193306

Comparing to Chariot .........................

Comparing to Chariot .........................

Chariot drilled 2 dusters offshore Namibia in 2012.  From spud date to a week or so before drill results were announced, the stock price did the following:

 

First well - From $1.50 to $3.25 (then fell on results)

Second well - From $1.10 to $2.00 (then fell on results)

 

I have to laugh at those wondering why the share price went up today and will go up much higher before drill results are announced.  You have the roadmap.

 

stateside

 

 

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