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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. > Wingat rumour...
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Comment by acceptmydamnusernameon May 05, 2013 11:06pm
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Post# 21341745

RE: RE: Wingat rumour...

RE: RE: Wingat rumour...

I'm getting the feeling you are wrong Nomo.  Here's what we know;

1. Bloomburg publishes an article on Thursday evening/Friday morning stating HRT would have well results on Wingat-1 by the end of the week

2. Friday's share price drops 7 cents (USD) on triple normal volume

3. Rumors surface that have some specific information "Strong rumours that the wingat well has encountered carbonates with circa 30 % porosity". 

'A gas hit makes sense with the lower than expected volume for a duster.  I imagine we'll know for sure when the BOVESPA opens.

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