BPZ Energy to Present at NYSSA Energy Conference and Houston Energy Financial Forum

Business Wire, Nov 5, 2007

HOUSTON -- BPZ Resources, Inc. d/b/a BPZ Energy today announced that Manolo Zuniga, President and Chief Executive Officer, will present at the following scheduled conferences during November 2007.

* The 10th Annual NYSSA Energy Conference on November 6, 2007 at 11:30 am Eastern. The conference is being held at the NYSSA offices in midtown Manhattan.

* The inaugural Houston Energy Financial Forum on November 14, 2007 at 8:50 am Central. The Houston forum is being held at the Hotel ZaZa in Houston's Museum district, the site of the former Warwick Hotel.

Both presentations are being webcast and can be accessed on the Company's website www.bpzenergy.com.

About BPZ Energy

Houston based BPZ Energy, is an oil and gas exploration and production company which has exclusive rights and license agreements for oil and gas exploration and production covering approximately 2.4 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 an integrated gas-to-power strategy, which includes generation and sale of electric power in Peru and sales of gas into Ecuador for third-party power generation, in parallel with the development of the Corvina oil discovery and the redevelopment of the Albacora oil field. The Company's website at www.bpzenergy.com provides additional information about the Company's plans, including photographs and other information with respect to its operations.