HRT announces the arrival of Transocean Marianas semi-submersible rig in Walvis Bay
Friday, Feb 08, 2013RIO DE JANEIRO, Feb. 7, 2013 /CNW/ - HRT Participações em Petróleo S.A. (the "Company" or "HRT") (BM&FBOVESPA: HRTP3, TSX-V: HRP) announces that today the semi-submersible drilling-rig Transocean Marianas from Transocean (NYSE: RIG) arrived in Walvis Bay at 5:00am local time. The rig will undergo mandatory maintenance for the next three to four weeks, before starting HRT's drilling campaign in Walvis and Orange sedimentary basins.
As noted by the Company on January 15, 2013, the Marianas is expected to commence drilling operations on the Wingat Prospect, in Walvis basin at HRT's Petroleum Exploration License 23 (PEL-23), by March 2013. Wingat is located at a water depth of 1,000 meters and drilling operations are expected to last approximately 60 days.
For additional information, please contact HRT's Investor Relations Department.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
HRT Participações 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 Serviços em Petróleo Ltda.), HRT O&G Exploração e Produção de Petróleo Ltda., HRT Netherlands B.V.,HRT África Petróleo S.A., HRT América Inc., Air Amazonia Serviços Aéreos Ltda. and HRT Canada Inc.. The Company retains a 55% interest in 21 exploratory blocks in the Solimões Basin. HRT also operates ten exploratory blocks off the Namibian coast: eight blocks in the Orange Sub-basin and two blocks in the Walvis 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 ommunities is towards health conditions, safety and quality of life. For more information, please visit the Company's website: www.hrt.com.br/ir.
SOURCE HRT Participações em Petróleo S.A.
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