Connacher Oil & Gas Ltd CLLZF

BZP could be more successful than NKO

[evestor]

https://www1.investorvillage.com/smbd.asp?mb=4947&clear=1&pt=m please go to https://finance.groups.yahoo.com/group/EnergySectorInvesting/files/ for analyst report (first you need to join the group, it's free and immediately. Then go to the file section. There were 19 well drilled in offshore Z-1 block and all found oil or gas or both. Almost no exploration risk. Jefferies' analyst report comments BZP's offshore field in peru "could be among the most significant natral gas discoveries in South America in recent history". And that's before the company's test result of the new well coming out. Actually the new well exceeds BZP and investor's expection, tested at 40 mmcfd of gas and 3150 bod of oil. I guarantee if you spend some time do some DD, you will be intested in the huge potential of this company. It could be more successful than NKO.to. It was listed on Amex on Jan-12. Because it's a pink sheet stock before, Only 1 or 2 analysts cover this company, and the institutions just begin to accumulate shares. BZP's resource potential before new well: gas 5.7 tcf, oil more than 350-500 million bbls. The wells will be high prolific. The new well tested more than 10000 boed. 4 concessions with total acres of 2.4 million. The chaiman was head of exploration for XOM peru and president and ceo of Petroperu, then an officer of World Bank for 17 years. IFC (part of World Bank) already bought 6.5 million shares of the company and decided to arrange $100 million debt financing (early 2nd quater) even before the new well results. Currently BZP has no debt and some $20 to $30 million cash.