An independent oil and natural gas company, that is actively pursuing waterflooding and enhanced oil recovery techniques to increase production and reserves at its existing properties and future acquisitions.
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near bankruptcy after failed merger, company highly speculative buy, but given the Chinese interest in purchase of cheap supply reserves and and companies desire to merge or sell off everything and cash in, there is much potential value if sucessful. And new MotleyFool rules create potential huge gains. Also consider cmzpf.pk