BPZ Resources (NYSE:BPZ)
CAPS Rating:
An exploratory stage company focused on the exploration and production of oil and natural gas.
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An exploratory stage company focused on the exploration and production of oil and natural gas.
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BPZ has the following:
- Connections: The CEO's father is a former energy minister in Peru. You kidding me?
- The International Finance Corporation of the World Bank Group is heavily invested in terms of loans, equity, and reputation
- It is "THE" Peruvian oil company
- Oil prices are rebounding from desperate lows and as sensibility returns so will sentiment towards oil companies.