2013 Louisiana Energy Conference New Orleans June 19-20, 2013 NYSE & BVL: BPZ www.bpzenergy.com
BPZ Energy Today ... Leadership Team has Better Positioned Company to Grow Santa Elena Oil Fields Four Blocks in Northwest Peru and one in Southwest Ecuador Enhanced Operational, Technical, and Financial Resources Amistad Gas…
Actions Progressing Our Strategy To Grow Production, Reserves and Cash Flow in Peru Completed Block Z-1 JV Transaction OIL & GAS ACTIONS Start Corvina Drilling in Early July Completed Block Z-1 Back to Albacora by Early August 3D…
Preparing to Drill Drill and produce from CX-15 and Albacora platforms Corvina workovers Existing Offshore 3-D Seismic Existing Onshore 3-D Seismic Apply new seismic data Existing Onshore 2D Seismic Define Z-1 exploration…
Corvina Field Top of Zorritos Formation Unconformity 6
More Albacora Seismic 17-D and 14-XD projected on Seismic Line W E A-17D A-14XD A A A 5 km A 7
Block Z-1 Exploration Strategy Based on 1600 sq. km. of new 3D data 8
Maturing Z-1 Leads into Prospects SW Diagonal 3D Seismic Line 1828 [55 miles long] NE Lead B Lead A Lead H Delfin Corvina Trend Albacora la cruz fm. mal pelo fm. cardalitos fm. tumbes fm. zorritos fm. heath…
Going Onshore: Block XXIII Anticline Large Anticline with previously drilled wells indicating presence of shallow hydrocarbons Proposed Exploration Drilling Locations 10
Onshore Block XXII in Lancones Basin Structures on both sides of the depocenter Thick section of Cretaceous Muerto formation source rock expected in depocenter Cretaceous Basement 11
Thank you for your support Executive Officers Board of Directors Manolo Ziga, President & CEO James B. Taylor, Chairman Richard J. Spies, Chief Operating Officer Manolo Ziga Richard S. Menniti, Chief Financial Officer John J. Lendrum III…