Total oil production for the three months ended December 31, 2010 was 414 MBbls (4,500 bopd) compared to 212 MBbls (2,304 bopd) for the same period in 2009. During both periods, the Company had intermittent oil production from six producing wells in the Corvina field and one producing well in the Albacora field.On November 30, 2010, the Company placed the Corvina field into commercial production. Prior to that time all Corvina oil sales were from oil produced under the Peruvian well testing regulations. Additionally, all oil sales from the Albacora field were from oil produced under the Peruvian well testing regulations.
BPZ Energy Provides Fourth Quarter And Year Ended December 31, 2010 Financials And Operations Update
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