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Petrominerales Ltd PMGLF

Energy Oil & Gas E&P


GREY:PMGLF - Post by User

Petrominerales Ltd
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Post by parachutiston Aug 29, 2012 6:38pm
459 Views
Post# 20276890

PMG may acquire CZE

PMG may acquire CZE

to  face its  growth  issues  and  its  dry  holes.  

CZE has  a  consistent production growth and  reserves  growth  YOY.

C&C   Energia   production is  over  11,500  bopd (100%  oil)   currently  with  ZERO  debt   and   pe=5.

 

PMG  trade  for  about  55K    $/bopd  currently  while  CZE  trade  for  only  26K   $/bopd.

 

 

 

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