New operator joins the ranks in Brazil: Huge presalt reserves have enticed an industry veteran to form a new independent oil company

摘要

The promise of enormous domestic reserves has convinced Dr. Marcio Mello that the time is ripe to form an independent oil company in Brazil. "There is no doubt that Brazil's stable economic growth and the news of massive oil reserves in the country's presalt areas in 2007 have made it easier for consulting firm HRT Petroleum (HRT-P) to create a new independent oil company, HRT Oil & Gas," Mello said. Mello, who is president and founder of HRT-P, is now also president and founder of HRT Oil & Gas.