BPZ Resources - AMEX:BZP Message Board

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Gold/Mining/Energy : BPZ Resources - AMEX:BZP

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From: JGreg	6/7/2008 10:14:54 AM
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Just found this board. Thanks for starting it. I posted this on another board but got no reply: From BPZ's website: 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. Up to this time I missed info regarding "a producing property in southwest Ecuador." I can't find any info about it from the website nor from their 10-K. Apparently it is in addition to the 2.4M acres in Peru and it is "producing." Can anyone update me about this producing property and BPZ's per cent of interest in it? Thanks.******** Since I wrote that, I found the name of the area is Santa Elena, but BPZ doesn't show any of it in their presentations. An old presentation from 2004 says they have a 10% interest and that the operation is producing 2000/BOPD. Does anyone know if that daily production # is still correct? Does BPZ's current production include their 200/BOPD interest? Hey--- 200 barrels x $120/bl.= $720,000/mo.

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