RIO DE JANEIRO, May 16, 2011 /PRNewswire/ -- HRT Participacoes
em Petroleo S.A ("HRT") (BM&FBOVESPA: HRTP3) and (TSXV:HRP)
announces its 1Q11 earnings results.
1Q11 Highlights:
- Four drilling rigs have arrived in the Solimoes Basin
for exploratory wells;
- Spudding of HRT first well (1-HRT-1-AM) in the Solimoes
Basin;
- Acquisition of UNX Energy Corp. ("UNX") concluded;
- Operational start-up of HRT America Inc. ("HRT
America"), headquartered in Houston,
TX, United States;
- 3D seismic surveys on the way in the Walvis and Orange
Basins, in Namibia;
- Extension of exploration period for the Walvis Basin
blocks granted;
For further information, please contact the Investor Relations
department:
Phone:+011-55-21-2105-9799
Email: ri@hrt.com.br.
About HRT
HRT Participacoes holds one of the largest independent oil and
gas exploration and production companies in Brazil. The HRT Group comprises eight main
subsidiaries: IPEX (Integrated Petroleum Expertise Company Servicos
em Petroleo Ltda.), HRT O&G Exploracao e Producao de Petroleo
Ltda., HRT Netherlands B.V., HRT Africa Petroleo S.A., HRT America
Inc., BN47 Serviços Aereos Ltda., Ranger Participacoes Ltda. and
UNX Energy Corp. The Company retains a 55% interest in 21
exploratory blocks in the Solimoes Basin. HRT also operates ten
exploratory blocks at the Namibian coast, where it retains interest
in two of them, in the Walvis Subbasin, and in other eight, in the
Orange Sub-basin. HRT's team includes PHDs and masters in
geochemistry, geophysics, biology and engineering, most of them
former employees of Petrobras and ANP (Brazil petroleum agency). HRT is committed to
minimizing any possible environmental impacts in the sites where it
acts. Our commitment to the local communittes is towards health
conditions, security and quality of life. For more information,
please visit the Company's website: www.hrt.com.br/ir.
SOURCE HRT