Ever Have a Small stock Take Off?
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Úterý Květen 31 15:22:00 CEST 2005
ROCKET STOCKS NEWSLETTER
U R G E N T I N V E S T O R A L E R T
BPET (BNP Petroleum Corp) is in position to take advantage of the
current oil crisis. Stock in this company is expected to dramatically
increase in value in the next 1-2 weeks.
Current Price: $O.O2
Short Term Target Price: $O.45
12 month Target Price: $1.12
LONDON (Reuters) -- March 31, 2OO5 -- Oil markets have entered a
``super-spike'' period that could see 1970's-style price surges as high as
$1O5 a barrel, investment bank Goldman Sachs said in a research report.
Goldman's Global Investment Research note also raised the bank's 2O05
and 20O6 New York Mercantile Exchange crude price forecasts to $50 and
$55 respectively, from $41 and $40.
These forecasts sit at the top of a table of predictions from 25
analysts, consultants and government bodies surveyed by Reuters.
``We believe oil markets may have entered the early stages of what we
have referred to as a ``super spike'' period -- a multi-year trading
band of oil prices high enough to meaningfully reduce energy consumption
and recreate a spare capacity cushion only after which will lower energy
prices return,'' Goldman's analysts wrote.
C O M P A N Y O V E R V I E W
BNP Petroleum Corporation, Inc. is an Irving based oil and gas
exploration and development (E&D) company. BNP Petroleum Corporation, Inc. was
formed for the purpose of development and operation of oil and gas
properties with proven reserves. The Company's strategy is to focus in
domestic areas where major oil and gas producing companies have reduced
their exploration efforts to move offshore and overseas in search of the
larger reserves. Considerable oil and gas in proven fields remain to be
exploited by well-managed independent oil companies capable of
extracting these reserves at lower risk and lower cost than unproved prospects.
BNP Petroleum's initial development strategy has been to acquire such
proven fields and increase production through the application of
advanced technology and the exploration of other proven formations in the same
BNP Petroleum Corporation's primary operational strategy includes the
operation of its own projects, giving it substantial control over
drilling and production costs. The Company has associated with highly
experienced exploration and development engineering and geology personnel that
strive to add production at lower costs through development drilling,
workovers, behind pipe recompletions and secondary recovery operations.
The Company's long-term strategy is to build an oil and gas production
company through a strategic combination of selected property
acquisitions and an exploration program. Additionally, the Company will continue
to rework existing wells in an attempt to increase production and
C O M P A N Y N E W S
IRVING, Texas, May 25, 2005 /PRNewswire-FirstCall/ -- BNP Petroleum
Corporation (OTC Pink Sheets: BPET - News; BPET), an independent oil and
gas company, announced today restarting of "Hooks" lease located in
Wichita county Texas, after accomplishing modifications and upgrades on
some wells, in the last few months. The shallow wells previously had been
producing oil and water at low rates due to low bottom pressure, which
is normal for the area. Steadily increasing rates of production for
Hooks lease are expected.
BNP Director, Rafael Pinedo said today, "BNP Petroleum will begin
immediately to restart other leases in our portfolio of properties and
complete all necessary work to assure that BNP's properties are in full
compliance with the regulations of the Texas Railroad Commission and re-
establish oil production on BNP's leases over the coming months."
Forward-Looking Statements: The statements which are not historical
facts contained in this release are forward-looking statements that
involve risks and uncertainties, including but not limited to, the effect of
economic conditions, the impact of competition, the results of
financing efforts, changes in consumers' preferences and trends. The words
"estimate," "possible," and "seeking" and similar expressions identify
forward-looking statements, which speak only to the date the statement was
made. The Company undertakes no obligation to publicly update or revise
any forward-looking statements, because of new information, future
events, or otherwise. Future events and actual results may differ
materially from those set forth herein, contemplated by, or underlying the
We believe that the SPECULATIVE NEAR TERM TARGET PRICE IS $0.45
We believe that the SPECULATIVE LONG TERM TARGET PRICE IS $1.12
Even after so many successful picks this year, we feel that this is our
Best Pick yet!!!
Please Watch this one Trade Tuesday!
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As with many micro-cap stocks, today's company has additional risk
factors worth noting. Those factors include: a limited operating
the company advancing cash to related parties and a shareholder on an
unsecured basis: one vendor, a related party through a majority
stockholder, supplies ninety-seven percent of the company's raw
reliance on two customers for over fifty percent of their business and
numerous related party transactions and the need to raise capital.
factors and others are more fully spelled out in the company's SEC
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