|Stock:||BPZ Resources Inc|
|Industry:||Oil & Gas Drilling & Exploration|
|BPZ Resources, Inc. (BPZ) is focused on the exploration, development and production of oil and natural gas in Peru and Ecuador. The Company also intends to utilize part of its natural gas production as a supply source for the complementary development of a gas-fired power generation facility in Peru. It maintains a subsidiary, BPZ Exploracion & Produccion S.R.L. (BPZ E&P), through its wholly owned subsidiary BPZ Energy International Holdings, L.P. and its subsidiary BPZ Energy, LLC. As of December 31, 2011, it, through BPZ E&P, had exclusive rights and license contracts for oil and gas exploration and production covering a total of approximately 2.2 million acres, in four blocks, in northwest Peru. Its license contracts cover 100% ownership of four properties: Block Z-1 (0.6 million acres), Block XIX (0.5 million acres), Block XXII (0.9 million acres) and Block XXIII (0.2 million acres).|
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations data provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.