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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 landmannon Apr 14, 2013 11:27am
241 Views
Post# 21252041

RE: RE: RE: HRT Playbook

RE: RE: RE: HRT Playbook

“For your 85% cos to work you have to make the assumption that there are commercial oil deposits”

1.   We know there is oil-bearing rock off Nam: the Kudu gas formation proves it.

2.   Comparing previous Nam wildcat efforts is like apples to oranges: they didn’t have satellite data, 3D seismic, oil biomarkers, modern-day understanding of the geology, etc, etc.

3.   ALL of the previous deep-water wildcat boreholes were very shallow, they needed to have gone down another 2000m+, again: night vs. day.

4.   My “collective” COS theory is being proved each day by CHAR: why do you think they are waiting for HRT to drill?   Otherwise, how would a HRT find add to their COS?

If Dr. Mello says he can smell the oil off Namibia - I believe the evidence supports him!

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