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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. > World Markets quickly approaching a death spiral
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Post by SLAPSHOT69 on Aug 20, 2013 7:58am

World Markets quickly approaching a death spiral

We need a quick hit on Moose, then sell  before this terd gets flushed down the drain with everything else....a miss at Moose....then I tend to agree with the naysayers.....down and out for the count...if the markets were healthy, I wouldnt be so pessimistic.....not taking the BIGGER picture into account will prove to be unwise. Moose is our last hope......Next year's drilling program may be non-existant as another crash will end this thing dead in its tracks......rude awakening indeed


Slappy
Comment by buggati on Aug 20, 2013 9:46am
The big warning flag now is the Rosneft default = no gas monetization = 700 million blown on worthless stranded gas...my bet is moosehead is a duster because there is no commercial oil in nam..so you are left with a small heavy oil field in decline...when it is all over these idiots will have blown 1.3 billion and the only oil asset was bought (polvo)..if polvo deal goes through and these morons ...more  
Comment by robnhood on Aug 20, 2013 10:16am
I doubt that this crew can rework Polvo if BP can't.
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