HOUSTON, Jan. 17, 2012 (GLOBE NEWSWIRE) -- BPZ Energy (NYSE:BPZ) (BVL:BPZ), an independent oil and gas exploration and production company, announced today that the Company will be presenting at the Canaccord Genuity 3rd Annual South American Conference being held in Bogota, Colombia from January 18-19, 2012.

A copy of the presentation will be posted on the BPZ Energy website located at www.bpzenergy.com in the Investor Relations, Events & Webcasts section; however, company presentations at the Conference will not be webcast.

About BPZ Energy

Houston-based BPZ Energy, which trades as BPZ Resources, Inc. on the New York Stock Exchange and the Bolsa de Valores in Lima, is an independent oil and gas exploration and production company which has exclusive license contracts for oil and gas exploration and production covering approximately 2.2 million acres in four properties in northwest Peru. The Company is currently executing the development in Block Z-1 of the Corvina oil discovery, as well as the redevelopment of the Albacora oil field, and the exploration of Blocks XIX, XXII and XXIII, 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 also owns a non-operating net profits interest in a producing property in southwest Ecuador. Please visit the Company's website at www.bpzenergy.com for more information.

CONTACT: A. Pierre Dubois

         Investor Relations and Corporate Communications

         BPZ Energy

         (281) 752-1240

         pierre_dubois@bpzenergy.com