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Bullboard - Stock Discussion Forum 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 Discussion

Petro Rio S.A. > What about the idea of a buyout?
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Post by landmann on May 11, 2013 9:34am

What about the idea of a buyout?

Maybe BP (et al) made the board an offer too good to refuse?  Might tie in with their latest deal (which seems obviously underpriced) and the fact that a 2nd farm-in partner for Nam was never announced, as promised.

No way MM is going to work for BP again, so he resigns???

Comment by gusgold on May 11, 2013 9:37am
Where do you guys come up with this bs....mm never worked for BP
Comment by landmann on May 11, 2013 10:02am
Point being that thanks to robnhood, it appears that maybe a thousand buy orders were placed.  Could just chasing rumors, but I can't recall anyone here being remotely in the loop.
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