RE: RE: New Coprporate PresentationPlease, at least learn how to spell Colombia, if you're going to invest there.
You might want to check out C&C Energia (CZE). Better value than Parex. Better balance sheet. 7000 bpd. 600 bpd behind pipe and 28 well fully funded (almost entirely from cash flow) in the next year. Cashed up ($60MM) with no debt. IPO'd in May, so few know about it. One of the earliest entrants into Colombia, with one of the biggest in-house seismic data bases. Done their geo work and now starting to drill. Lots of targets and one of the cheapest of all the Colombian plays as it continues under the radar.
That said, Parex has perhaps better potential near term to excite the market - Kona 2 could pleasantly surprise with its much higher net pay vs Kona 1. Plus all those PP guys want to ramp the price up on any news, so I am along for the ride (hopefully).