CORRECTION -- BPZ Energy Announces 2013 Capital Plan and Provides Block Z-1 Operational Update

By: BPZ Resources, Inc. via GlobeNewswire News Releases

Posted on January 22, 2013 at 14:39 PM EST

HOUSTON, Jan. 22, 2013 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by BPZ Energy (NYSE:BPZ) (BVL:BPZ), please note that the budgeted amount in the third paragraph should read $76 million ($149 million gross), not $79 million ($149 million gross) as originally issued.

CONTACT: Investor and Media Contact:
         A. Pierre Dubois
         Investor Relations & Corporate Communications
         BPZ Energy
         (281) 752-1240
         pierre_dubois@bpzenergy.com

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