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Oil & Gas Play; BPZ Resources is the Spotlight Stock on

/ Source: GlobeNewswire

DALLAS, June 20, 2011 (GLOBE NEWSWIRE) -- announces an investment report featuring oil & gas company BPZ Resources Inc. (NYSE:BPZ). The report includes the company's most recent developments and trading activity, as well as financial, industry and comparative information to get you in-the-know.

The stock recently hit its 52-week low; find out what caused shares to bounce last week by reading the full report at:

BPZ Resources Inc. (BPZ) is an independent oil and gas exploration and production company that has exclusive license contracts for oil and gas exploration and production covering approximately 2.2 million acres in four properties in northwest Peru. The Company also owns a minority working interest in a producing property in southwest Ecuador.

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In the report, the analyst notes:

"Shares of BPZ rose $0.51, or 16.89%, to close Friday at $3.53, regaining ground after it hit a 52-week low of $2.91 in the previous session. The stock has so far reached a 52-week high of $6.3. Over 13 million shares have traded hands during the session, versus the 10-day average volume of 2.76 million."

"The Company last week announced the start of the process to identify and select a potential partner for its offshore Block Z-1 in Peru. A report from the Company's independent reserve auditor, Netherland, Sewell and Associates, estimates that there are 981 million barrels (MMBO) of unrisked prospective oil in Block Z-1 as of the end of this year's first quarter, with low and high estimates of 269 MMBO and 2,750 MMBO, respectively."

To read the entire report visit:

See what investors are saying about BPZ at

Get breaking news on BPZ at is a small-cap research and investment commentary provider. strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: Disclosure is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. is a Web site wholly owned by BlueWave Advisors, LLC. Neither nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site,, for complete risks and disclosures.

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