BPZ Energy Moves to NYSE and Changes Ticker Symbol to BPZ

BPZ Resources, Inc. announced that as a result of the merger between the American and New York Stock Exchanges (NYSE), the Company’s stock will be listed on the NYSE Alternext and has changed its ticker symbol to “BPZ”. The changes are effective with the opening of today’s trading.

Manolo Zuñiga, BPZ Energy’s President and Chief Executive Officer commented, “Along with our new listing under the New York Stock Exchange umbrella, we took advantage of the opportunity to change our ticker symbol to align it with the Company’s corporate identity. We have enjoyed working with the team at the American Stock Exchange and we are confident the NYSE will provide an excellent platform for trading our shares.”

Houston based BPZ Energy is an oil and gas exploration and production company which has exclusive license contracts 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 the development of the Corvina oil discovery, the redevelopment of the Albacora oil field, and the exploration of Block XIX, 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’s website at www.bpzenergy.com provides additional information about the Company’s plans, including photographs and other information with respect to its operations.