Replies to post #5698 on Petro Rio S.A. ADR fka HRPTY

[john1045]

That is great Drilla.... but why is PPS for HRTPY stagnating this low below $2.00 US? What is management doing to raise get their market cap in line with PPS? TIA!

Million Barrel Quarter

PetroRio closed 1Q16 with 523 thousand barrels in inventory, sold 400 thousand barrels in April and planned to have the next offtake for the end of May, beginning of June. Production volume in April & May was 549,063 bbl . Should have sold > a million bbl in 2Q16!