Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by landmannon Jul 01, 2013 2:27pm
26 Views
Post# 21583001

RE:Good observation from Jimmy

RE:Good observation from Jimmy[quote=robnhood]If the economic gas monetization strategy was going to yield positive results they would have said that solimoes activities will be curtailed pending completion of the monetization studies. It did not."[/quote]

I don't think he understands what was actually said.  The reason they are reducing their Solimoes activity is because their last duster was the most promising oil prospect.  At this point, they don't need more gas and that would be the likely outcome of additional drillings.

<< Previous
Bullboard Posts
Next >>