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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. > Volume has collapsed from over
View:
Post by robnhood on May 24, 2013 6:53pm

Volume has collapsed from over

50 million on Wingat day to 2.3 million today.

 I guess everyone who wanted out is out.

Sorry no Devonian and source rock ramble.

Here's a sort of positive but somewhat truthful Brazilian post I like.---

"Agree with you with the probability of closing career if the company was stagnant and not acting for sustainable growth. But far from it. The Hrt is on the right track!

Firstly, the company removed the problem of fanfarrônicas interviews of the former manager, even though he and his team contribute to successes in some areas of the company, he contributed and also in discrediting the junior to the market, talking about promises with absurdities.
Secondly, the company is with the cost containment policy, see the Air sale Amazon and optimizing the productivity of wells drilled with a reduction of time and decrease the number of leased equipment, as an example.
Thirdly, intensified the search for new partners (Petrobras, TNK-BP), enhanced farm-out blocks in Namibia (although not yet commercial, found oil in Namibia with the 2 source rocks).
Fourth: with the approval of the NPA, the Hrt will become operational in oil. In other words, will be the fourth largest producer of oil from Brazil. (including the QGEP)
A advice to beginners and to recent discredited, not give ear to analysts doubtful, are unscrupulous people no, mainly some analysts Brazilians. An example of this is the Ita, which is coupled to OGX to try to get the gigantic debt eikiana interest, and Paula cannot give a two cents against the Xs, on the other hand, low the Batten on HRT, with speculation and planted information. Naughtiness of great!!!
But the work and the new and competent junior guideline will triumph! And it won't take much for the market to recognize!

Note not spoken Moroumbe driver, because it is still a variable, although we have excellent prospects."
Comment by kaosblues on May 25, 2013 12:13am
Just another one who looked the fool when Wingat hit proved the hypothesis.  He will look even more ridiculously foolish, impatient, and short sighted if and when HRT hits oil in commercial quantities.
Comment by gusgold on May 25, 2013 8:58am
"robinhood will look foolish if and when HRT strikes oil"...the key to your post is "if" they strike oil..."if" they don't then robinhood will look really smart.
Comment by robnhood on May 25, 2013 9:07am
Not true Gus. I have never said they will not find oil.  I have said that so far they have not found any.  Because the posters on here can't bear to look reality in the face they jump all over me.
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