BPZ Res. Inc. (fka BPZRQ)

[disk88]

Maybe pacific stratus energy the subsidiary of pacific rubiales in Peru
will work a deal with the committee of unsecured debt to absorb or merge
with bpz; they recently change their name to Pacific Exploration and Production Corporation to reflect a broader focus in south america.
they just received from the peruvian goverment the authorization to
operate the Lote 192 (field 192) that is the most important source
of oil production in Peru, accounts for 20% of the total oil production
in Peru.
It would make perfect sense they share interest in block Z1 , the committee
will probably want that bpz stay in business but now runned by a much better management more profesional and with ethics.
And Pacific has to return to the Colombian goverment next year the Rubiales
fielf their biggets source of oil production and income so they need to
broad their production areas.
All this IMHO.

http://finance.yahoo.com/news/pacific-rubiales-announces-corporate-name-100000609.html