Outstanding Capital Efficiency at BPZ Resources [View article]
1000 bpd, total, correct? Negative roe, losing $20B a year. Throw out the Monte Carlo fantasy and all you have left is adverse geology and rusty platforms that were expropriated from Tenneco.
Disclosure: no position long or short, no intention to buy or sell.
BPZ Resources Takes a Giant Step into the Big Leagues [View article]
Outstanding Capital Efficiency at BPZ Resources [View article]
Outstanding Capital Efficiency at BPZ Resources [View article]
Disclosure: no position long or short, no intention to buy or sell.