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BPZ Energy Reports Third Quarter 2013 Financial Results And Provides Update On Development Drilling

Conference Call Information

The Company has scheduled a conference call and webcast to discuss second quarter 2013 financial and operational results on Friday, November 8, 2013 at 10:00 a.m. CST (11:00 a.m. EST).  The live conference call may be accessed via the Investor Relations section of the Company's website at www.bpzenergy.com or by accessing the following dial-in numbers.  A replay will also be available on the Company's website. 

USA and Canada Dial-In           877-293-5457

International Dial-In                 707-287-9344   

About BPZ Energy

BPZ Energy is an independent oil and gas exploration and production company with license contracts covering 1.9 million net acres in four blocks located in northwest Peru.  Current operations in these blocks range from early stage exploration to production.  The Company holds a 51% working interest in offshore Block Z-1, where development drilling is currently underway at the Corvina and Albacora fields.  Onshore, the focus has been seismic data acquisition at Blocks XIX, XXII and XXIII in anticipation of future exploration drilling.  In southwest Ecuador, the Company owns a non-operating net profits interest in a producing property.  BPZ Energy trades as BPZ Resources, Inc. on both the New York Stock Exchange and the Bolsa de Valores in Lima under ticker symbol "BPZ".  Please visit www.bpzenergy.com for more information.

FORWARD LOOKING STATEMENT

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 BPZ Energy's (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 "will," "expected," "estimated," and "prospective," and other similar expressions.  These forward-looking statements involve risks and uncertainties.

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