Oil and Gas Stock Alert: BPZ Energy (NYSE:BPZ) (BVL:BPZ) Closes Block Z-1 Transaction
Posted on December 27, 2012 at 09:00 AM EST
HOUSTON - December 27, 2012 (Investorideas.com energy stocks newswire) BPZ Energy (NYSE:BPZ) (BVL:BPZ), an independent oil and gas exploration and production company, announced that on December 26, 2012, it closed its contractual arrangements for the sale of a 49% participating interest in offshore Block Z-1 to Pacific Rubiales Energy Corp. (TSX:PRE) (BVC:PREC) (BOVESPA:PREB).