BPZ Energy to Host Conference Call for Fourth Quarter and Year End 2012 Results

HOUSTON, Feb. 22, 2013 (GLOBE NEWSWIRE) -- BPZ Energy, (NYSE:BPZ) (BVL:BPZ), an independent oil and gas exploration and production company, today announced it will host a conference call and webcast to discuss fourth quarter and year-end 2012 financial and operational results on Friday, March 8, 2013, at 10:00 a.m. CST (11:00 a.m. EST).

The live conference call may be accessed via the Investor Relations, Events & Presentations section of the Company's website at www.bpzenergy.com , or by accessing the following dial-in numbers:

A replay of the call will also be available at the Investor Relations section of the Company's website.

ABOUT BPZ ENERGY

Houston-based BPZ Energy, which trades as BPZ Resources, Inc. under ticker symbol BPZ on the New York Stock Exchange and the Bolsa de Valores in Lima, is an independent oil and gas exploration and production company which holds license contracts for oil and gas exploration and production in four properties in northwest Peru. Offshore, the Company holds a 51% working interest and Pacific Rubiales Energy Corp. holds a 49% working interest in Block Z-1, for which current activity 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. Please visit the Company's website at www.bpzenergy.com for more information.

CONTACT: A. Pierre Dubois
         Investor Relations & Corporate Communications
         BPZ Energy
         +1(281) 752-1240
         pierre_dubois@bpzenergy.com