Replies to post #1559 on Petro Rio S.A. ADR fka HRPTY

[Northsun0]

Regardless of MM's preferred drilling site, you can be sure GALP with it's success at finding oil had a lot to with the choices of drilling sites.

They most have been quite confident in the sites they choose along with HRT to put up the lion share of the drilling costs for only a 14% interest in the results.

In all the time I have been investing in oil stocks, I have never seen a company make such a favorable deal for itself as HRT did with GALP.