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TheStreet Open House

BPZ Energy To Host Third Quarter 2010 Earnings Call

HOUSTON, Nov. 3, 2010 (GLOBE NEWSWIRE) -- BPZ Resources, Inc. (NYSE:BPZ) will host a conference call to discuss third quarter 2010 financial and operational results on Tuesday November 9, 2010 at 11AM Eastern Time/ 10 AM Central Time. The Company plans to issue an earnings press release at close of market on Monday November 8, 2010.

Dial-in numbers:   Participant Dial-In Number(s): (877) 293 - 5457
     
  Participant Dial-In Number(s): (707) 287 - 9344
     
  Use Conference Code: 21461238  
     

You can also listen from your computer by clicking on the following link:

http://ir.bpzenergy.com/eventdetail.cfm?eventid=87993

Replay Telephone Numbers:

(800) 642-1687

(706) 645-9291

Replay code: 21461238 available through November 16, 2010.

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 of the Corvina oil discovery, 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.

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

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