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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. > off Char board
View:
Post by nomomoney24 on May 17, 2013 7:23pm

off Char board

Our week is over and a long one it seems,
Starting with Marcio Mello shattering our dreams.
Were trawling the net with no time to snooze,
Our eyes lighting up with a snippet of news.
With HRT share holders suffering their Woe’s,
We remember the feeling and how it goes.
It appears anxiety is creeping into our posts,
Some feeling our nuts are about to roast.
I’m keeping faith of what may be in store,
We’ve seen these silly posters many times before.
By name and by nature a robinhood is the nerd,
And so many agree he should not be heard.
So let’s look forward, see what Monday may bring,
There may be news and upward we’ll spring.
Should it not work out, take it on the chin,
Then make mine a treble, and yes I mean a Gin.
I wish you all well and enjoy your weekend off,
I’m spending some cash, that’ll make me cough
Comment by landmann on May 17, 2013 7:40pm
They have tunnel-vision or are deluded. Monday is not a special day, unless of course, they announce the results of HRT-11. Each of the Nam wells has less than 30% chance of success, HRT-11: probably more. In any event, if Wingat is gas, then most likely all of Nam is gas, otoh, HRT-12 might be oil.
Comment by WESTCOASTOIL on May 18, 2013 5:13am
Disagree. Char holders are not paying the bill for this drill. Char are valued at below cash. The drill will give useful information for their drilling - and HRT drilling. If Wingat is gas this does not mean all of Nam which has several geologically distinct basins is gas. I suppose you will tell me that Angola should be all gas as well - which clearly it is not.
Comment by gusgold on May 18, 2013 9:22am
I still say if HRT makes  big gas discoveries it will not be worthless. HRT will partner with Tullow Oil and Gazprom and develop the gas fields
Comment by WESTCOASTOIL on May 18, 2013 9:48am
I Agree with you Gusgold. Even though I have you on ignore I saw the comment before I logged in. That has to be a first...! If the gas field is large enough - it can be commercialised. If its gas + condensates then there are plenty of those types of fields making a heap of money. for those who do not know the difference I found this...https://www.helioschariot.com/2013/05/17/education ...more