Replies to post #1028 on BPZ Res. Inc. (fka BPZRQ)

[straitneom]

You want to know value of assets?. Check this document from september 2014. Just about Block Z-1

Proved reserves 16.1 million barrels of oil
Possible reserves 18 million barrels of oil
Probable reserves 27.2 million barrels of oil

http://files.shareholder.com/downloads/BPZI/4066489501x0x782909/CCA5FC03-6BA9-4E22-BF98-DE8CF5C944C0/BPZ%20IPAA%20San%20Fran%202014%20Final.pdf (page 8)

16.1 + 18 + 27.2 = 61.3 million barrels of oil (potentially)

61.3 million x $70 per barrel (conservative, could hit $100 again end of year) = $4.3 billion

BPZ Energy holding 51% of Block interest

[hinchback]

talking about assets value look this guys

http://ir.bpzenergy.com/releasedetail.cfm?ReleaseID=366850