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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. > The Perfect Storm
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Comment by WESTCOASTOILon May 11, 2013 12:42pm
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Post# 21368019

RE: The Perfect Storm

RE: The Perfect Storm

My prediction is Mello resignation is more to do with wider corporate issues. There will be good news on HRT-1 and/or Wingat and he is happy to sit on the BOD in the knowledge that he right on the drilling strategy, but does not want to give the company away to the likes of BP etc so is refusing to play ball but wants to stay to protect the interests of the company he founded.  He will be a right royal pain in the butt on that BOD.

I also predict that  when good news comes in a load of de-rampers will be very nervous

<iframe width="640" height="360" src="https://www.youtube.com/embed/YMJPrNQxPNA?feature=player_detailpage" frameborder="0" allowfullscreen></iframe>

. I hope they are short and have put their money where their mouth is.

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