Petro Rio S.A. HRTPF

LET'S FIND THE EASY STUFF NOW

[DrillaHill]

JOE PAUL HRT AMERICA - the source potential we had shown and we had proven has significant generative potential to create huge volumes of oil in the walvis basin and charge our prospects as we continue with our explorationprogramme,

generally reservoirs and porosity are very easy to find and so that shouldn't be the big concern whereas source rock, charge and migration pathways can be very difficult,

in this case

WE FOUND THE HARD STUFF BUT NOT THE EASY STUFF, SO I WOULD SAY WITH OUR FUTURE EXPLORATION WELLS THE CHANCE OF FINDING RESERVOIR IS VERY HIGH AS WE ALWAYS SEE RESERVOIR IN ANY BASIN WE DRILL IN AROUND THE WORLD