Jan 13, 2011

HRT Climbs to Record After Chariot Raises Namibia Oil Reserve



HRT Participacoes em Petroleo SA, a Brazilian oil company that’s probing offshore Namibia, rose to a record in Sao Paulo trading after another company exploring in nearby blocks increased its reserve estimates.
HRT rose 64.95 reais, or 3.8 percent, to 1,764.95 reais at 1:13 p.m. New York time, the highest since the company first sold shares in October.
[Read more]
Source: Bloomberg

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