Replies to post #1477 on BPZ Res. Inc. (fka BPZRQ)

[Ykz]

BPZ E&P’s is not BPZ resources,Inc., am I right?

[Levronefullblown]

So what does this all mean for us? Judging from what I saw on that balance sheet, it doesn't look too good.

[hinchback]

Following the closing of these transactions, the Company will have no further business operations . The only remaining assets to liquidate are non-operating assets consisting of the three GE LM 6000 PD gas fired turbine packaged power units, which have been transferred from a subsidiary to the Company in preparation for sale and liquidation. The Company will file a Plan of Liquidation under Chapter 11 on or before the Bankruptcy Court deadline of August 6, 2015.


$45 million for us