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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 buggation Aug 19, 2014 11:42pm
176 Views
Post# 22858511

RE:RE:RE:HRT Is Going To DA MOON

RE:RE:RE:HRT Is Going To DA MOONHood,

The more I think about it ...the only future for HRT is buying and reworking fields like polvo. I bet hrt never drills another well offshore nam. Petrobras has no trouble finding oil in the solimoes and has already pumped out more than 700 million barrels

HRT had a bright future in the solimoes with BP as a partner. Rosneft had a bunch of fields in decline until they stole the assets of Yukos. The reason Rosneft took on BP as a partner is they needed BP's expertise to develop new oil fields...BP wanted out not the other way around.

So far HRT can not find oil in the solimoes and Rosneft brings nothing in the way of expertise to the table...the only value to the patnership is Rosneft pays 51% of the cost of any new wells drilled but a duster is still a duster.
<< Previous
Bullboard Posts
Next >>