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Franke named CEO of HRT Oil & Gas

HRT Participacoes em Petroleo SA, Rio de Janeiro, has appointed Milton Romeu Franke as chief executive officer of its subsidiary HRT O&G Exploracao e Producao Ltda.

Franke succeeds Marcio Rocha Mello, who remains as HRT’s chief executive officer and chairman.

HRT Participacoes said the change is part of a set of measures designed to increase HRT O&G’s operating efficiency, with focus in the Solimoes basin of northwestern Brazil, where the company holds interests in 21 exploration blocks.

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