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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. > Worst run Oil company in History..Sell Out Now
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Post by buggati on Jul 22, 2013 12:09pm

Worst run Oil company in History..Sell Out Now

Was there ever another oil company that did an IPO raised 1.3 billion..spent 1.1 billion and their only assets after 2 years are tax credits in Brazil and stranded gas in the solimoes. The reason there is no gas monetiztion plan is after crunching the numbers rosneft does not want to come up with any money. Sell the company now before moosehead guster amd $.10 sp. 3 assets can be sold: sell wingat bloc to bp/petrobras who may be interested in doing some drilling because of source rock...sell gas assets in solimoes to petrobras...try and market brazil tax credits and if lucky shareholders get $1.50 - $3.00..shich would be a gift at this point.
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Comment by Drill_Deep,_Find_oil,_stay_calm on Jul 22, 2013 12:32pm
Guess this clown never heard of oilexco...and it was a producer, not an explorer
Comment by buggati on Jul 22, 2013 12:49pm
westcoastard and drilldeeptard wanyou to think I am wrong and they no something we don't..lets look at the facts...2 years ago when HRT was $10 I posted it was going to $1.00 and was shorting the stock..I posted I covered this short at $1.50...I then went short again at $1.20 and covered at $.79...went short again after wingat duster at $.57 and I just covered after today's bloodbath..the ...more  
Comment by WESTCOASTOIL on Jul 22, 2013 1:09pm
Haha. Of course you did. Shorting that $100 Bucks made you $95. Well done - hope you enjoy the cold ones. No doubt you will come back with - "honest, honest - I did really". I am laughing at you. You need to get out more.  And clearly there is no point in any company doing any oil exploration or 3d seismics, etc because you have the gift of knowing what it will be without any ...more  
Comment by wallywill on Jul 22, 2013 1:09pm
Now thats quite a load of crap you have been posting.  Quote "lets look at the facts...2 years ago when HRT was $10 I posted it was going to $1.00......" Your alias says you have been here for 1 month.....so who were you previously? How old are you anyways? Quote "I am wrong and they no something we don't". It is spelled know. No speaky english??? Too funny.
Comment by WESTCOASTOIL on Jul 22, 2013 1:27pm
No...should I have? Yawn.
Comment by buggati on Jul 22, 2013 1:18pm
wallytard..laugh all you want...hey tard if you want to earn $1.00 an hour which is twice what your making now...I need tards to push wheel barrels of cash to the bank                                                        I get the last laugh supertard ...more  
Comment by wallywill on Jul 22, 2013 1:25pm
no yoy dont hahahaha
Comment by robnhood on Jul 22, 2013 1:38pm
You are not kidding. I don't think that this company has ever had a good news release, ever. Total  mistakes and super arrogance and waste.  Even this last news release--- cutting down to half the sale of aircraft-- reducing their commitment to one year from 3 (wonder why?), . While all of this expensive equipment sits on some airstrip somewhere costing huge dollars. I guess MM can ...more  
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