(BPZ Resources, Inc., 9.Mar.2015) – BPZ Resources, Inc. announced that it has filed a voluntary petition in the United States Bankruptcy Court for the Southern District of Texas seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code (the “Bankruptcy Code”). None of […]
Tag: BPZ Energy
BPZ Repayment of Convertible Bond Principal
(BPZ Resources, Inc., 2.Mar.2015) – BPZ Resources, Inc. announced it will exercise a provision under the bond indenture for the 6.5% Convertible Notes due March 1, 2015. The bond has an outstanding principal amount of $60 million, whereby the company will avail itself of the 10-day grace period provided for […]
BPZ Reports New Output from Albacora Well
(BPZ Resources, Inc., 22.Jan.2015) – BPZ Energy provided initial production rates from the Albacora A-27D development well at offshore Block Z-1. The company holds a 51% participation in Block Z-1 and all referenced well production in this release. The A-27D well was drilled to a total measured depth of approximately […]