Macro Tsimmis

intelligently hedged investment

BPZ Energy (BZP) update #3

Posted by intelledgement on Thu, 31 Jan 08

BPZ Energy (BZP) has issued a press release concerning yesterday’s tanker incident. Fortunately, no one was killed, although ten Peruvian sailors remain hospitalized. There was no damage to any BZP facilties, although their four wells have been shut in pending a company investigation. Is this situation a major problem for the company? How well are they handling it? LOL you know our opinion, but read the press release and judge for yourself.

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