C. K. Cooper & Company Initiates Coverage on BPZ Resources, Inc.
IRVINE, Calif., Jan 28 /PRNewswire/ -- C. K. Cooper & Company, an independent, full-service investment bank focused on the energy sector and headquartered in Irvine, California announced today that it has initiated coverage on BPZ Resources, Inc. (Amex: BZP).
'We estimate BPZ's share price doesn't adequately reflect value for reserve potential at the Albacora field,' said Sven Del Pozzo, Senior Research Analyst at C. K. Cooper & Company. 'Current accumulation of shares would secure the value of assets other than 3P reserves at the Corvina Field at little to no cost.'