January 02, 2013 at 12:48 PM EST
NYSE Stocks on the Move: (NYSE: BPZ), (NYSE: CLF)
New York, NY -- (SBWIRE) -- 01/02/2013 -- BPZ Resources Inc. (NYSE: BPZ), a company focused on exploration, development and production of oil and natural gas in Peru and Ecuador, is seeing a pullback in mid-day trading today after rallying in the previous trading session. BPZ gained more than 8% on Monday after the company announced that the Peruvian government signed the Supreme Decree authorizing Perupetro to execute an amendment to the Block Z-1 License to add Pacific Rubiales Corp. to the Z-1 License contract.
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