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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. > As UNX holders
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Post by grover11 on Jul 25, 2013 1:09pm

As UNX holders

very exciting times to be finally drilling UNX's Moosehead...... Thats what got MM involved in the first place... Why wouldnt they have drilled that first?
Comment by powerwalker on Jul 25, 2013 1:22pm
According to Van on iHub, I believe, since it was putting up the bulk of the drilling $$, Galp had the right to call the shots regarding the drilling program.  It wanted to start in Walvis, not Orange.
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Comment by Drill_Deep,_Find_oil,_stay_calm on Jul 27, 2013 11:28am
The drill rig came from the north and will be going to S Africa for some kit upgrades after this drill program. Logistically it made sense to drill the northern probes first, then tow south for Moosehead and hopefully Meerkat. 3D on Meerkat looks awesome, massive paydirt....but don't know the porosity. BK, in a hallway mtg yesterday, perhaps Monday morning quarterback, suggested they ...more