The decrease in GG&E for the nine months ended September 30, 2013 compared to the same period in 2012 is due to the majority of the 3D seismic acquisition program for Block Z-1 having occurred during 2012. Seismic expenses for the three and nine months ended September 30, 2013 were funded by Pacific Rubiales Energy Corp. under the carry agreement.Depreciation, Depletion and Amortization Expense (DD&A)
BPZ Energy Reports Third Quarter 2013 Financial Results And Provides Update On Development Drilling
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