3SOF

Profile :  




BPZ Resources, Inc.
580 Westlake Park Boulevard
Suite 525
Houston, TX 77079
United States - Map
Phone: 281-556-6200
Fax: 281-556-6377
Web Site: http://www.bpzenergy.com

DETAILS  
Index Membership: N/A
Sector: Basic Materials
Industry: Oil & Gas Drilling & Exploration
Full Time Employees: NaN


BUSINESS SUMMARY  
BPZ Resources, Inc., an exploratory stage company, focuses on the exploration and production of oil and natural gas in Peru and Ecuador. It has rights and license agreements for oil and gas exploration and production covering a total of approximately 2.4 million acres in northwest Peru. The company's license contracts cover 100% ownership of both Block Z-1 covering 739,205 acres and Block XIX covering 472,860 acres. It also owns a non-operating working interest in an oil and gas producing property, the Santa Elena property, located in the southwest region of Ecuador. The company was founded in 2001. It was formerly known as BPZ Energy, Inc. and changed its name to BPZ Resources, Inc. in October 2007. BPZ Resources is headquartered in Houston, Texas with additional offices in Lima, Peru and Quito, Ecuador.

Nice chart, low float, retrace at some point.......
Buy the dip.



Shares Outstanding5: 74.26M
Float: 50.67M
% Held by Insiders1: 30.91%
% Held by Institutions1: 27.10%
Shares Short (as of 26-Feb-08): 4.94M

52wk Range: 3.50 - 12.10
Volume: 1,173,823
Avg Vol (3m): 497,732
Market Cap: 1.61B

Technicals
Record Price High
Percentage Gainer

Last Price Quote is:
9.07%above 13-day MA
28.72%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: 05/09/2008
Last Analyst Rating: Hold

Below are the 6 month, 1 year, 2 year, 3 year.......

BPZ Energy (AMEX: BZP)
The oil and gas exploration company with interests in Latin America is riding high, thanks both to a pop in energy prices and timely discoveries in Peru.

The market is catching on. Over the past three months, Wall Street's profit targets for 2008 have gone from $0.43 a share to $0.74 a share. Come 2009, the market expects earnings to more than double from that figure, to $1.61 a share. A lot can happen between now and then, but this is a standout among the standouts, with shares more than tripling over the past 12 months.


52wk Range: 3.50 - 12.10
Volume: 1,233,726
Avg Vol (3m): 497,732
Market Cap: 1.52B

Technicals
Percentage Gainer

Last Price Quote is:
1.74%above 13-day MA
17.85%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: 06/13/2008
Last Analyst Rating: Hold

Taking a bounce off the 38.2 Fib retrace

52wk Range: 3.50 - 12.10
Volume: 1,735,691
Avg Vol (3m): 497,732

Technicals
Percentage Gainer

Last Price Quote is:
5.83%above 13-day MA
12.61%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: 06/13/2008
Last Analyst Rating: Hold

WOW...
might be best chart out there.



52wk Range: 3.50 - 12.10
Volume: 1,075,137
Avg Vol (3m): 497,732

Technicals
Record Price High

Last Price Quote is:
13.07%above 13-day MA
24.92%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: 08/07/2008
Last Analyst Rating: Hold

Press Release Source: BPZ Resources, Inc.


BPZ to Present at Tristone Investor Conference in Paris
Tuesday May 13, 8:04 am ET


HOUSTON--(BUSINESS WIRE)--BPZ Resources, Inc. (AMEX:BZP - News) announced today that the Company will be attending and presenting at the inaugural Tristone Capital Energie '08 conference in Paris on May 14, 2008. The Company's presentation will take place at 11:55 a.m. local time in Paris, 5:55 a.m. Eastern Time. Manolo Zúñiga, President and Chief Executive Officer will present on behalf of the Company.


The presentation can be viewed live on the Internet from the following link:

https://tristonecapital-ls.webex.com/tristonecapital-ls/onstage/g. php?p=2&t=m (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

About BPZ Energy

Houston based BPZ Energy is an oil and gas exploration and production company which has exclusive license contracts for oil and gas exploration and production covering approximately 2.4 million acres in four properties in northwest Peru. It also owns a minority working interest in a producing property in southwest Ecuador. The Company is currently executing the development of the Corvina oil discovery, the redevelopment of the Albacora oil field, and the exploration of Block XIX, in parallel with, the execution of an integrated gas-to-power strategy, which includes generation and sale of electric power in Peru and the development of a regional gas marketing strategy. The Company's website at www.bpzenergy.com provides additional information about the Company's plans, including photographs and other information with respect to its operations.



Contact:
BPZ Resources, Inc.
Director of Investor Relations and
Corporate Communications
Greg Smith, 281-556-6200

--------------------------------------------------------------------------------
Source: BPZ Resources, Inc.

Quote from: setravis on May 13, 2008, 06:03:59 PM
WOW...
might be best chart out there.

Very impressive chart. I see BZP going much higher.
Looking at the charts...
Looking back on a 5 year chart, the price was $378 in 2000.
In 2002 after an orderly fall to $5, the price started basing.
In 2006, the volume increased considerably which was a first clue that this might be making a come back.
In 2007 a breakout occurred which started a stage 2 uptrend for BZP.Volume also increased during this time, a positive sign.
The plan is to hold this one for a long term using the 200 MA as a stop.


52wk Range: 3.50 - 12.10
Volume: 1,220,406
Avg Vol (3m): 497,732

Technicals
Last Price Quote is:
-1.29%below 13-day MA
7.43%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: 08/07/2008
Last Analyst Rating: Hold

Press Release Source: BPZ Resources, Inc.


BPZ to Present at IPAA Investor Conference in London
Monday June 2, 7:00 am ET


HOUSTON--(BUSINESS WIRE)--BPZ Resources, Inc. (AMEX:BZP - News) announced today that the Company will be attending and presenting at the Independent Petroleum Association of America's (IPAA) Oil and Gas Investment Symposium conference in London on June 3, 2008. The Company's presentation will take place at 9:45 am local time in London, 4:45 am Eastern Time. Manolo Zúñiga, President and Chief Executive Officer will present on behalf of the Company.


The presentation can be viewed live on the Internet from the following link:

http://www.investorcalendar.com/CEPage.asp?ID=129847

Or at the IPAA website www.ipaa.org

About BPZ Energy

Houston based BPZ Energy is an oil and gas exploration and production company which has exclusive license contracts for oil and gas exploration and production covering approximately 2.4 million acres in four properties in northwest Peru. It also owns a minority working interest in a producing property in southwest Ecuador. The Company is currently executing the development of the Corvina oil discovery, the redevelopment of the Albacora oil field, and the exploration of Block XIX, in parallel with, the execution of an integrated gas-to-power strategy, which includes generation and sale of electric power in Peru and the development of a regional gas marketing strategy. The Company's website at www.bpzenergy.com provides additional information about the Company's plans, including photographs and other information with respect to its operations.



Contact:
BPZ Resources, Inc.
Greg Smith, 281-556-6200
Director of Investor Relations and
Corporate Communications

--------------------------------------------------------------------------------
Source: BPZ Resources, Inc.

Be patient, do the homework, wait for a pullback, and then pull the trigger.
Take advantage of the lower prices and buy? This is exactly what you should do if you want to invest in a stock.

Technicals
Percentage Gainer

Last Price Quote is:
3.47%above 13-day MA
14.69%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: 08/07/2008
Last Analyst Rating: Hold

Be patient, do the homework, wait for a pullback, and then pull the trigger.   
Take advantage of the lower prices and buy? This is exactly what you should do if you want to invest in a stock.

BPZ Resources rallies on Shell pact in Peru.......
Good news has moved this stock up on a very bad day for the market. That a good sign this stock is heading further upward. Riding the wave!


52wk Range: 3.50 - 12.10
Volume: 2,580,366
Avg Vol (3m): 497,732

Technicals
Record Volume
Record Price High
Gap Up
Percentage Gainer
Price Gainer

Last Price Quote is:
8.97%above 13-day MA
19.69%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: 08/07/2008
Last Analyst Rating: Hold

HOUSTON, Jun 26, 2008 (BUSINESS WIRE) -- BPZ Resources, Inc. (BZP, Trade) announced today that the Company has signed a Memorandum of Understanding (MOU) with Shell Exploration Company (West) B.V. (Shell). This non-binding MOU allows both parties to move forward with their negotiations on a possible Farm-out Agreement (Agreement) with the ultimate goal of jointly developing Blocks Z-1, XIX and XXIII in Northwest Peru into large-scale oil and gas ventures, including regional power generation, gas supply for local and regional industry, and LNG. The intent of forming a joint venture is to complement BPZ Energy's assets, local knowledge and experience, stakeholder relationships, and vision with Shell's technology, equipment, manpower and leadership, especially in gas marketing.

Both BPZ Energy and Shell recognize the need to accelerate the exploration of these three blocks and will work toward an Agreement that includes, but is not limited to, the following fundamental points:

-- 50%/50% unincorporated joint venture in Blocks Z-1, XIX and XXIII.

-- BPZ Energy will be the operator of record in the three blocks.

-- BPZ Energy will initially retain 100% of the oil and gas assets in Corvina, Delfin and Mero as well as 100% of the oil assets in Albacora, (the "Carved-out areas") so as to enable BPZ Energy to appraise the Carved-out areas. Shell will have the option, in order to fully align the desired joint venture, to buy a 50% stake in any one of these four Carved-out areas, beginning in July 2012 and ending in January 2015, at prevailing market prices. Additionally, Shell will join with BPZ Energy to refurbish the platform and drill the first well in Albacora, where BPZ Energy would retain 100% of oil assets and 50% of gas assets discovered until such time Shell elects to exercise the option to buy 50% of Albacora's oil assets.

-- BPZ Energy will retain 100% ownership of its planned gas-to-power project, subject to an option retained by Shell to purchase a 50% interest in the project at a later date.

-- Shell will commit to an exploration and appraisal program with three phases which could amount to approximately $300 million. Shell has the option to exit at the end of each phase. If Shell so exits, the respective participation would revert back to BPZ Energy at no cost. The work program is geared towards appraising the Mancora gas play and the deepwater leads in Block Z-1, as well as other leads and prospects, while also meeting the commitments mandated by the respective three license contracts. This program would primarily consist of 2D and 3D seismic surveys in Blocks XXIII and Z-1, respectively, and the drilling of approximately 12 new wells. The parties will share costs equally thereafter.

-- Any future oil and/or gas production, excluding that acquired from the Carved-out areas, will be shared 51.75% by BPZ Energy and 48.25% by Shell.

-- In case sufficient gas, estimated to be in the order of 4 Tcf of gas reserves, is proved up to warrant a LNG project, BPZ Energy and Shell will set up a 50%/50% joint venture to develop such project. Shell would operate such project.

Furthermore, the Parties confirm that they have agreed that under no circumstance will an Agreement be finalized for the acquisition of BPZ Energy's rights in the three blocks until all necessary management and government approvals have been obtained and fully termed agreements have been executed by both parties, or their respective affiliated companies, as the case may be. Negotiations on the Agreement will begin immediately and are expected to conclude towards the end of the year.

Manolo Zuniga, BPZ Energy's President and Chief Executive Officer commented, "This MOU to negotiate the final Farm-out Agreement is an important step for both BPZ and Shell. With Shell as partner, we would have a company with the key elements needed to fully develop our assets: deep water expertise to develop the prospects in Block Z-1 that are in water depths from 500 to 1,000 feet; the ability to market and monetize the gas potential in our Blocks through large-scale projects such as LNG; and the access to people and equipment that will help us appraise the gas and oil potential more quickly. Shell also maintains the highest Quality, Health, Safety, and Environment standards and understands the need to continue the development of gas and power for local consumption, as well as advancing the social programs in the region which we have initiated. As such, I believe that we have found the right potential partner for BPZ. Accelerating the exploration and development of the assets we have in the three blocks under consideration will be beneficial to both companies, to BPZ's shareholders, and to Peru."

About BPZ Energy

Houston based BPZ Energy is an oil and gas exploration and production company which has exclusive license contracts for oil and gas exploration and production covering approximately 2.4 million acres in four properties in northwest Peru. It also owns a minority working interest in a producing property in southwest Ecuador. The Company is currently executing the development of the Corvina oil discovery, the redevelopment of the Albacora oil field, and the exploration of Block XIX, in parallel with the execution of an integrated gas-to-power strategy, which includes generation and sale of electric power in Peru and the development of a regional gas marketing strategy. The Company's website at www.bpzenergy.com provides additional information about the Company's plans, including photographs and other information with respect to its operations.

About Shell Exploration Company

Shell Exploration Company (West) B.V. (Shell) is a wholly owned indirect affiliate of Royal Dutch Shell plc. Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam and New York stock exchanges. Shell companies have operations in more than 110 countries, with businesses including: oil and gas exploration; production and marketing of liquefied natural gas and gas to liquids; marketing and shipping of oil products and chemicals; and renewable energy projects including wind, solar and biofuels. www.shell.com/aboutshell

Forward Looking Statements

This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward looking statements are based on our current expectations about our company, our properties, our estimates of required capital expenditures and our industry. You can identify these forward-looking statements when you see us using words such as "expect," "will", "anticipate," "indicate," "estimate," "believes," "plans" and other similar expressions. These forward-looking statements involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward looking statements. Such uncertainties include the success of our project financing efforts, including final documentation and execution of debt financing documents with IFC, accuracy of well test results, and reserves reports, well refurbishment efforts, successful production of indicated reserves, and the successful management of our capital development project, and other normal business risks. We undertake no obligation to publicly update any forward-looking statements for any reason, even if new information becomes available or other events occur in the future. We caution you not to place undue reliance on those statements.

SOURCE: BPZ Resources, Inc.


BPZ Resources, Inc. 
Greg Smith, 281-556-6200 
Director of Investor Relations and 
Corporate Communications 

Copyright Business Wire 2008

Pulled back into buy range...

catching a bounce off the 200-day MA.......


52wk Range: 3.50 - 12.10
Volume: 1,556,221
Avg Vol (3m): 497,732


Technicals
Percentage Gainer

Last Price Quote is:
-5.76%below 13-day MA
-12.99%below 50-day MA
RS Rating: N/A 

Fundamentals
Earnings Expected on Aug 7

Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: 08/07/2008
Last Analyst Rating: Hold

Changed Ticker Symbol
'BZP' is no longer valid. It has changed to BPZ

Now listed on the NYSE




52wk Range: 3.95 - 29.88
Volume: 526,848
Avg Vol (3m): 794,019

Technicals
Last Price Quote is:
-1.00%below 13-day MA
-11.26%below 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: 03/06/2009
Last Analyst Rating: Buy

BPZ  BPZ Energy Brings Corvina Oil Field Into Commercial...  

HOUSTON, Dec 1, 2010 (GlobeNewswire via COMTEX) -- BPZ Resources, Inc. (BPZ) announces the Company has placed the Corvina oil field, located in offshore Block Z-1 in northwest Peru, into commercial production. The Company has started operating the gas compressor at the CX-11 Corvina platform to re-inject the associated gas and thus avoid gas flaring. The Company is now in the process of reopening the Corvina oil wells that were shut-in due to gas flaring restrictions.

Richard Spies, Chief Operating Officer commented, "This is a great achievement for our operations team and the Company in general, as it proves that with proper planning and execution our team can meet key milestones." Manolo Zuniga, President and Chief Executive Officer added, "The Corvina oil field is our first field on commercial production. Our investors have been watching for us to execute on this milestone, and I am pleased at our team's commitment to meeting the announced schedule. We are currently working on the future development of Corvina, and committed to installing the required gas re-injection equipment at Albacora so we may bring our second oil field into commercial production by year end 2011."

About BPZ Energy

Houston based BPZ Energy is an oil and gas exploration and production company which has exclusive license contracts for oil and gas exploration and production covering approximately 2.2 million acres in four properties in northwest Peru. It also owns a minority working interest in a producing property in southwest Ecuador. The Company is currently executing the development in Block Z-1 of the Corvina oil discovery, as well as the redevelopment of the Albacora oil field, and the exploration of Blocks XIX, XXII and XXIII, in parallel with the execution of an integrated gas-to-power strategy, which includes generation and sale of electric power in Peru and the development of a regional gas marketing strategy. The Company's website at www.bpzenergy.com provides additional information about the Company's plans, including photographs and other information with respect to its operations.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: BPZ Resources, Inc.


CONTACT:  BPZ Energy
Greg Smith, Director of Investor Relations
and Corporate Communications
281-752-1240