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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 Rzbernon Nov 14, 2014 1:00pm
121 Views
Post# 23129795

What is the truth? HRT or ANP

What is the truth? HRT or ANPWhat is the truth?

HRT said it produced 577,000 in 3Q14

ANP says HRT (net) produced:

July: 5894 / (bbl / d): x30 = 176,820
August: 5832 / (bbl / d): x30 = 174,960
September: 5752 / (bbl / d) x30 = 172,560

TOTAL: 524,340

A difference of 52,660 (bbl / d) x U$ 88.00 = $ 4,634,080.00 (US $ 4.6 million dollars)

Whereas ANP measures the production of Octopus daily and HRT have a habit of increasing numbers since the report had indicated that, according to the company, 9.5 million profit and presentation already appears as 10 million, I think that ANP is correct. We need to see the CVM and the ANP on this divergence about production of HRT.


https://www.anp.gov.br/?pg=72886&m=&t1=&t2=&t3=&t4=&ar=&ps=&cachebust=1415884940986
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