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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 gusgoldon May 11, 2013 6:05pm
184 Views
Post# 21368433

"Billions Have Been Invested..Namibia Has To have

"Billions Have Been Invested..Namibia Has To have

Wow..are you guys losers.  What billions..you have chariots 2 dusters and HRT drilling 3 wells. Why did  Galp only want 14%..why couldn't HRT get a major or majors to cover the full cost of the 3 wells for a 50% interest like the Chariot deal with BP and Petrobras. Where is the farm-in on the 4th well.  All the majors have done is buy up the leases offshore as cheap insurance in case HRT does find oil. Now MM resigns as ceo..why..because wingat is a duster and the 2 other wells will be dusters too with regard to oil but not gas..after HRT's 3 dusters the majors will walk away just like in the 1970's after kudu spawned 18 dusters in a row. There is no commercial oil offshore namibia but a good possibility of major gas discoveries. Big gas discoveries and deals will be made with Tullow Oil..so possible Tullow/HRT hookup

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