Replies to post #4280 on Petro Rio S.A. ADR fka HRPTY

[DrillaHill]

Rzbern

HRT farmed out 14% of seven Blocks in Namibia to Galp Energia (second one on the list) and actually it was the second best deal made in Namibia offshore over the last couple of years (best one was the BP-Chariot deal).

Here is the information about the intention to drill the Meerkat prospect in 2015:
www.bloomberg.com/news/2014-04-15/hrt-founder-seeks-partners-to-explore-for-oil-in-namibian-blocks.html (Apr 16, 2014)
"HRT wants to find a partner before it drills its Meerkat-1 well next year"