updated 6/6/2011 9:17:26 AM ET 2011-06-06T13:17:26

HOUSTON, June 6, 2011 (GLOBE NEWSWIRE) -- BPZ Energy (NYSE:BPZ), an independent oil and gas exploration and production company, announced today that Chief Operating Officer, Richard Spies, will be presenting at the Stifel Nicolaus Energy Conference being held in Montreal, Canada. Mr. Spies will present on Thursday, June 9, 2011 at 3:15 pm EDT (2:15 pm CDT).

The live event will be available via webcast on the BPZ Energy website located at www.bpzenergy.com in the Investor Relations, Events & Webcasts section.  A replay will also be available on the Company website.

About BPZ Energy

Houston-based BPZ Energy, which trades as BPZ Resources, Inc., is an oil and gas exploration and production company which has exclusive license contracts for oil and gas exploration and production covering approximately 2.2 million acres in four properties in northwest Peru. It also owns a minority working interest in a producing property in southwest Ecuador. The Company is currently executing the development in Block Z-1 of the Corvina oil discovery, as well as the redevelopment of the Albacora oil field, and the exploration of 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. 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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