Creating and distributing additional copies is prohibited without the permission of the publisher. Contact subscriptions@latinfinance.com.

HRT Settles Call Option Deal

Dec 9, 2011

Brazil’s HRT Participacoes em Petroleo has agreed to pay BRL1.3bn ($711m) to Petra Energia as part of a call option to acquire a 45% stake in concession rights over 21 oil blocks located in Brazil’s Solimoes Basin. HRT is expected to pay the total amount in 5 installments of...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial



LatinFinance Events

Poll

Will Argentina reach a deal with holdouts?

Vote