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Jul. 22, 2013, 11:53 AMShares of Brazil's HRT Participacoes em Petroleo (HRTPY.PK -25%) plunge after its Murombe-1 well, the second in its current exploration campaign offshore Namibia, comes up dry. HRT will move the Transocean Marianas rig south to drill the Moosehead Prospect, the third and likely the last well for HRT in Namibia. UBS cuts shares to Sell from Neutral. | Jul. 22, 2013, 11:53 AM | Comment!
May. 13, 2013, 10:51 AMShares of HRT Participacoes em Petroleo (HRTPY.PK -14.4%) plunge after its CEO resigned unexpectedly Friday. The timing may ring some alarm bells, Tudor Pickering says, with earnings set to be reported tomorrow and two material well results due in the coming weeks. | May. 13, 2013, 10:51 AM | Comment!
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Jan H. Lessner:: Thanks a lot. Hadn't seen that. Anyway, it is a broken stock, where NAV an share price are completely disconnected.
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Jan H. Lessner:: You need a special reason? The stock is way undervalued and still below net cash.
nickbukowski:: How much cash per share?