June 06, 2013 at 09:29 AM EDT
BPZ Energy Hosts Annual Shareholder Meeting

HOUSTON, June 6, 2013 (GLOBE NEWSWIRE) -- BPZ Energy (NYSE:BPZ) (BVL:BPZ), will hold its annual meeting for shareholders on June 7, 2013 at 10 a.m. Central Time (11 a.m. Eastern Time). The meeting will be held at the Wyndham Houston West Energy Corridor, 1st floor, 14703 Park Row Boulevard, Houston, Texas 77079.

The annual meeting webcast and presentation will be accessible via the BPZ Energy website (www.bpzenergy.com) in the Investor Relations, Events & Presentations section. A replay will also be available on the Company website later in the day.

ABOUT BPZ ENERGY

BPZ Energy is an independent oil and gas exploration and production company with license contracts covering approximately 1.9 million net acres in four properties in northwest Peru. In offshore Block Z-1, The Company holds a 51% working interest and Pacific Rubiales Energy Corp. holds a 49% working interest. Current activity at Block Z-1 includes the development of the Corvina oil discovery, as well as the redevelopment of the Albacora field. In addition, the Company is pursuing the exploration of onshore Blocks XIX, XXII and XXIII, in parallel with the execution of an integrated gas-to-power strategy, which includes generation and sale of electric power in Peru and the development of a regional gas marketing strategy. The Company also owns a non-operating net profits interest in a producing property in southwest Ecuador. BPZ Energy trades as BPZ Resources, Inc. under ticker symbol BPZ on the New York Stock Exchange and the Bolsa de Valores in Peru. Please visit the Company's website at www.bpzenergy.com for more information.

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