Welcome To HRT Participacões em Petróleo HUB On AGORACOM

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AGORACOM NEWS FLASH

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

Message: lot of action for sure
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in this beginning of 2012 here is the later news release ...

Spud-in of Well 1-HRT-170/06-AM

Rio de Janeiro, Brazil, January 03, 2012 – HRT Participações em Petróleo S.A. (the “Company” or “HRT”) (BM&FBOVESPA: HRTP3, TSX-V: HRP) announces that its subsidiary HRT O&G Exploração e Produção de Petróleo Ltda (“HRT O&G”), on January 02 at 09:30 p.m., spudded the well 1-HRT-6-AM, in the prospect named Eucalipto (1-HRT-170/06-AM), located in the Solimões Basin, in the Municipality of Tefé-AM, in the Block SOL-T-170.

The objective of this well is to test a 20 km² area structure, located around 10 km southwest of the Araracanga Field and 20km southwest of the oil production well 1-BRSA-769-AM. It has as main targets the Juruá Formation reservoirs (Carboniferous age), expected to be reached from 2,950m depth, as well as the Uerê Formation (Devonian age). The well has been drilled by the rig Tuscany-115, and is forecast to reach a final depth at around 3,400m.

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