Hundreds of millions of dollars have been made in HRT, Chariot, and UNX. After the HRT IPO insiders cashed in dumping shares at $10..same story at Chariot and UNX. Petra insiders also made big bucks on selling 45% of solimoes play to TNK/BP..the original shareholders at UNX only made money because of HRT buy out and only if they sold and ran for the hills..who else made big bucks..the SHORTS in HRT and Chariot...and all while longs in HRT and Chariot lost 95%. Then there was Byron King and the scammers at agora who made good money on HRT, with numerous pump and dumps aimed at the poor slobs who pay good money for their worthless newsletters
This is going to end badly for longs in Chariot and HRP..first came chariots hype..then 2 dusters..then HRT hype and 1 duster..all this after 18 dusters drilled in a row after kudu in the 1970's and shell and chevron and other majors packed up and left nam. The promoters at HRT - UNX- Chariot revived this illusion of oil and all the insiders made hundreds of millions while share holders lost hundreds of millions.
face the facts..the losers at HRT could not find oil at an autozone...in the last 2 years Petrobras discovered 2 oil wells in the solimoes, while HRT after spending 1 billion dollars found the now famous coke bottle full of oil...and after doing more seismic the last well HRT 11 was a duster..now they can't even find stranded gas
First the hype (the pump)
https://www.namibian.com.na/index.php?id=28&tx_ttnews[tt_news]=108481&no_cache=1
Then The Dump
https://www.namibian.com.na/index.php?id=28&tx_ttnews[tt_news]=110135&no_cache=1