BPZ Energy Provides Upcoming Investor Conference Schedule

HOUSTON, Sept. 20, 2012 (GLOBE NEWSWIRE) -- BPZ Energy (NYSE:BPZ) (BVL:BPZ), an independent oil and gas exploration and production company, announced today the following investor conference schedule:

President and CEO Manolo Zúñiga will be presenting at the IPAA Oil & Gas Conference in San Francisco, California on Tuesday, Sept. 25, 2012 at 12:10 p.m. Central Daylight Time (CDT). The live webcast and replay, along with the presentation will be made available on the BPZ Energy website located at www.bpzenergy.com in the Investor Relations, Events & Webcasts section.

In addition, Richard Spies, Chief Operating Officer, will be presenting at Westlake Securities, New Frontiers in Energy Conference in Austin, Texas on Tuesday, Sept. 25, at 2:15 p.m. CDT. Conference presentations will not be webcast, but the Company presentation will be available at www.bpzenergy.com .

About BPZ Energy

Houston-based BPZ Energy, which trades as BPZ Resources, Inc. on the New York Stock Exchange and the Bolsa de Valores in Lima, is an independent oil and gas exploration and production company which has license contracts for oil and gas exploration and production covering approximately 2.2 million gross acres in four properties in northwest Peru. In partnership with Pacific Rubiales Energy Corp., 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.   In addition, the Company is pursuing 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 also owns a non-operating net profits interest in a producing property in southwest Ecuador. Please visit the Company's website at www.bpzenergy.com for more information.

CONTACT: A. Pierre Dubois
         Investor Relations & Corporate Communications
         BPZ Energy
         [phone]
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