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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 VanWilder1on May 31, 2013 2:11pm
308 Views
Post# 21467855

Value Play

Value Play

Downside at this point is minimal, even with assuming all Dusters in Namibia.   Total Asset values are much higher than presently reflected, and I for one believe we will get another Farmout partner here in short order, and good news in the next 4-6 weeks on the Gas Monetiztion plan.

Bought another 15K this am at $.60

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