November 4, 2008

BPZ Energy Hosts Conference Call for Third Quarter 2008 Financial Results

BPZ Resources, Inc. (NYSE Alternext:BPZ) will hold a conference call to discuss 2008 third quarter financial results and provide an operations update on Monday, November 10, 2008 at 10AM ET. The Company will issue an earnings press release prior to the market opening on November 10, 2008.

 Dial-in numbers:  Toll free: 877-627-6580 (Domestic Callers)  Toll: 719-325-4905 (International Callers)   Replay Telephone Numbers:  Toll: 719-457-0820 Toll free: 888-203-1112 SoundByte Replay Passcode: 1082247 Replay will be available at 1:00 pm ET until Midnight, Thursday November 20th 

About BPZ Energy

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 provides additional information about the Company's plans, including photographs and other information with respect to its operations.