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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. > Share Price
View:
Post by rob926 on May 29, 2013 3:38pm

Share Price

I wonder  how the meeting went with Rosneft over the weekend. Maybe they have stopped exploration at this point (due to no oil) and are waiting to see if the gas can be monetize. This would cut costs for Rosneft and leave all the Air Amazonian  costs to HRT. A halt to drilling in the Amazon would put a down draft on the stock.
Comment by REBaller1 on May 29, 2013 3:45pm
Fairly low volume today.  I think it is just more sellers losing patience.  Which you need a lot of with exploration plays.
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