BPZ Energy Announces Participation in Raymond James Investor Conference and Schedules Call for Fourth Quarter and Full Year 2013 Results

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| Source: BPZ Resources, Inc.

Houston, Feb. 24, 2014 (GLOBE NEWSWIRE) -- BPZ Energy (NYSE: BPZ) (BVL: BPZ), today announced two upcoming events.

On March 4, 2014, Manolo Zúñiga, president and CEO of BPZ Energy will be presenting at the 35th Annual Raymond James Institutional Investor Conference in Orlando, Florida at 7:40 am CST (8:40 am EST).  The live webcast presentation and posted slides may be accessed via the Investor Relations, Events & Presentations section of the BPZ Energy website at www.bpzenergy.com.  In addition, the live webcast audio with presentation slides may be accessed via the Raymond James website at http://wsw.com/webcast/rj89/bpz/.

On March 7, 2014, the Company will host a conference call and webcast to discuss fourth quarter and full year 2013 financial and operational results at 10:00 a.m. CST (11:00 a.m. EST).  The live conference call may be accessed via the Investor Relations, Events & Presentations section at www.bpzenergy.com, or by accessing the following dial-in numbers:

US and Canada Dial-In:           (877) 293-5457

International Dial-In:               (707) 287-9344

Replays for both events will be available under the Events & Presentations link at the Company's website.

ABOUT BPZ ENERGY

BPZ Energy is an independent oil and gas exploration and production company with license contracts covering 1.9 million net acres in four blocks located in northwest Peru.  Current operations in these blocks range from early-stage exploration to production.  The Company holds a 51% working interest in offshore Block Z-1, where development drilling is currently underway at the Corvina and Albacora fields.  Onshore the Company holds three 100%-owned blocks with exploration drilling currently underway at Block XXIII.  In southwest Ecuador, the Company owns a non-operating net profits interest in a producing property.  BPZ Energy trades as BPZ Resources, Inc. on both the New York Stock Exchange and the Bolsa de Valores in Lima under ticker symbol "BPZ".  Please visit www.bpzenergy.com for more information.

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A. Pierre Dubois
Investor Relations & Corporate Communications
BPZ Energy
1-281-752-1240