[thackney]

Is it just coincidence that George Soros sold his Western oil stock and bought stock in Russia and Brazilian oil companies, about three months ago?

Why does your text say 3 months, but your link says it was from August 15, 2008?

Previous post show it was sold after that point.

[Lucky9teen]

I didn't write the blog...so I don't know why the link has a differing date than the text...

Nonetheless, 3 months ago, George Soros' investment firm, Soros Fund Management, filed a 13G with the SEC regarding shares of Harvest Natural Resources (HNR). Per portfolio activity on January 24th, 2011, Soros has disclosed a 5.94% ownership stake in HNR with 2,008,417 shares. This marks a 241% increase in Soros' position size as the hedge fund owned 588,100 shares at the end of September last year.

Harvest Natural Resources is "an international petroleum exploration and production company. The Company focuses on acquiring exploration, development and producing properties in geological basins with proven active hydrocarbon systems. The Company holds interests in Venezuela, the Gulf Coast Region of the United States through an area of mutual intent (AMI) agreement with two private third parties, the Antelope prospect in the Western United States through a joint exploration and development agreement (JEDA), and exploration acreage mainly onshore West Sulawesi in the Republic of Indonesia (Indonesia), offshore of the Republic of Gabon (Gabon), onshore in Oman and offshore of the People’s Republic of China."