Excuse my lack of knowledge, but I don't see many talking about Porto's other assets. 1.9 mill + acres in the frontier salt basin & the shale play. I also heard that if they would have found the zone 1000' higher in the pre-salt it could have made a commericial discovery. That is all heresay. It is dissapointing that they did not hit on this well but hydrocarbons were present and the trap worked as expected.
There are still possibilities here. Obviously, it is more of a marathon now. For those who got in post teens I hope that the future holds some return.
Can anyone explain or tell what the current assets are valued at?
Thanks for all the informative posts in here.