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disk88

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disk88

Re: None

Sunday, 06/21/2015 3:04:40 PM

Sunday, June 21, 2015 3:04:40 PM

Post# of 2832
correct me if I am wrong:

the default is for the 2015 notes that also triggered an automatic default
for the 2017 notes.
this late court moved alouds BPZ more time to choose the best bid and also
defuse the pressure from pacific rubiales that declared default in the JOA
because bpz didn't made the last cash call.
what if the best bid is so good for the block Z-1 that bpz can pay the 2015 notes and has enough capex funds to stay in business and develop the other
blocks and the power station.
the bigger portion of the debt is due 2017.
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