BPZ Res. Inc. (fka BPZRQ)

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The board and management of Bpz are history.
The creditors committee and the trustee will decide the faith of this
company; they will control the company , appoint new board and management
and merge BPZ with another oil company .
The natural choice Pacifc Exploration (Pacific Rubiales) that owns 49%
of block Z-1 and is the responsible for the increase in production.
The debtor(bpz) requested a new hearing for october 23 and the Committee
requested another hearing for october 26 regarding the service of
Blackstone Advisory Partners.
If funding is needed that's were Blackstone come's in.
Who owns the blocks??? Not Bpz , Peru owns the blocks Peru decides
to whom the blocks will be awarded and without the blocks no deal or sale
will go through.