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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 Sep 13, 2016 12:57pm
155 Views
Post# 25232074

NBZ could be a Takeover Target ????

NBZ could be a Takeover Target ????At this price.I found an article from marketwire in July 2010. Jim Artindale, President of Northern Blizzard, added "There are three billion barrels of original oil in place ("OOIP") at depths ranging from 600 to 900 meters. Approximately 1 billion barrels of this oil resource is in the Bakken formation, and less than 9% of the OOIP has been recovered to date. We believe that over time we can increase the recoverable reserves substantially, and look forward to investing in this asset."
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