hello and good morning!
Found this on the iii-Board in the CHAR-Thread as well as here:
http://www.helioschariot.com/2013/05/13/hrt-resignation-update-interesting/
If this is true it seems that MMs resignation is not related to the outcome of Wingat-1.
Here we go, translated with Google:
Councillor rule change in HRT to Namibia
The former director of the Central Bank, Thadeu Carlos de Freitas, who until two weeks ago held a seat on the board of HRT, told Broadcast, real-time service of the State Agency, the resignation of executive Marcio Mello’s chief executive the company is not related to exploration activities in Namibia. Speculation among financial market operators about a possible failure in Africa are doing the company’s shares on the stock plummet. The fall has already reached almost 13%.
The former counsellor attributed the decision to change Mello on the board of the company. On Friday, 13, the resignation was presented by the executive in the same meeting at which three new members were inducted on the board. Carlos left Thadeu, William Lawrence Fisher and Milton Romeu Franke, who now replaces Mello as CEO. The three were nominated by the administration of HRT, the last shareholders’ meeting. Were replaced by Stefan Alexander, Oscar François Moreau and Pietro. There are about two months Marcio Mello had left the presidency of the board of directors, with a remaining seat.
“This change in the board caused him to be in a very isolated. Shareholders were demanding for some time and he was given the extent possible. But in this area there are many uncertainties oil. Earlier it was thought that too much oil in the Solimões and gas was found. It (Mello) was long being pressed. was tired of making decisions not always accepted by shareholders. was a personal decision, but there is no discontinuity in technical company since Milton (Franke) was his second “said Carlos Thadeu.
Marcio Mello was ranked by Thadeu as “the primary asset of the company” and noted that it would behove him to play in the decisions Polvo field. Four days before the announcement of the departure of the executive, HRT announced BP Energy have bought 60% stake in the field located in the Campos Basin.
Source:
http://atarde.uol.com.br/economia/materias/1503327-conselheiro-descarta-mudanca-na-hrt-a-namibia
On the other side, it could also be the beginning of some sort of "building a legend". Who knows ...
So, rumours have it that there will be an announcement about Wingat-1 this week. I read this somewhere on stockhouse and/ or iii-board that IR of HRT told so. Tried to reach them to confirm, but haven't been lucky so far.
But remember, they told me last week already, announcement probably Wednesday. Let's see ...
Cheers and have a good day,
Neo
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