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NORTHERN BLIZZARD RESOURCES INC T.NBZ

"Northern Blizzard Resources Inc is engaged in the exploration, acquisition, development and production of petroleum and natural gas reserves in western Canada."


TSX:NBZ - Post by User

Post by TonyDjon Nov 14, 2016 8:48pm
177 Views
Post# 25460163

NBZ is a drilling machine.

NBZ is a drilling machine.If NBZ can drill that many wells in these low oil price conditions and spend very little. What's it going to do when Oil rebounds ? Most E&P's are selling assets and worried about debt repayments. This company is like a Trump. It's a winner.Paying a dividend and increasing drilling to grow production. Staying within cash flow and no bankers calling until Jan 2022. Also, It doesn't need the Banks. It has 2 Private Equity backers to help out if it needs cash to grow.
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