Dr. Zúñiga y Rivero has over 50 years of experience in the energy industry with a particular focus on Peru. He was Chief Geologist for Exxon's operations in northwest Peru, where he was responsible for discovering several oil fields. Dr. Zúñiga later held the positions of Exploration and Production Manager, General Manager, and Chairman and CEO of Petróleos del Peru, Peru's former national oil company, where he discovered five major oilfields in the northern Andean Jungle of Peru. Later, he served as senior project officer of the World Bank for 17 years, planning and implementing hydrocarbon exploration and development projects in 58 countries. Dr. Zúñiga y Rivero holds a Bachelor's Degree in Geological Engineering and Ph.D. degrees from the University of San Agustin, Arequipa, Peru, and completed the Science program in Micropaleontology at UCLA.

Mr. Zúñiga-Pflücker is a petroleum engineer who has spent the past 20 plus years in the international oil and gas business, principally with BPZ & Associates, a technical consulting company he co-founded in 1989, which was the predecessor of BPZ Energy. He has specific expertise developing stranded natural gas fields using technologies ranging from power generation to gas-to-liquids technology. Mr. Zúñiga-Pflücker began his career with Occidental Petroleum and has led BPZ Energy since its inception. He holds a Bachelor's Degree in Mechanical Engineering from the University of Maryland, and Master's Degree in Petroleum Engineering from Texas A&M University.

Dr. Briens is a petroleum engineer with over 20 years operating experience in international oil and gas projects. He was a co-founder of BPZ & Associates, Inc. and has worked for Chevron, Conoco, Schlumberger, Lundin Petroleum, and Perenco. Dr. Briens holds an Advanced Degree in Mathematics from Ecole Centrale de Paris, France, a Master's Degree and Ph.D. in Petroleum Engineering from Texas A&M University as well as an MBA from the University of Colorado.

Mr. Caminos is a CPA with over 20 years of diversified experience in senior accounting and finance positions, mostly with international energy companies, including Duke Energy, Reliant Energy, Schlumberger and M-I Drilling Fluids. Mr. Caminos began his career with KPMG, and holds a Bachelor's Degree in Business Administration-Accounting from Bloomsburg University of Pennsylvania.

Mr. Cleaver served as Corporate Controller for BPZ from October 2006 until November 2008. Immediately prior to joining BPZ, Mr. Cleaver performed consulting services from August 2004 to October 2006 for a variety of public companies, such as, Rosetta Resources, Calpine Natural Gas and Index Oil and Gas. Beginning in November 1997 through August 2004, Mr. Cleaver served in various accounting roles, including Financial Controller, at Horizon Offshore Contractors, Inc. Mr. Cleaver is a CPA and holds a Bachelor's Degree in Business Administration – Accounting from Texas A&M University.

Mr. Gilliard started his career in 1977 with Amoco as an operations and reservoir engineer. He worked in energy lending and project financing with Continental Illinois National Bank, Banque Indosuez, and Houston Industries Energy (formerly Reliant Energy International), where he worked on project financing for power projects in South America and other regions. He joined Burlington Resources in 1997 where he worked in international finance, strategic planning, business development, and government affairs. He holds a Bachelor's Degree in Chemical Engineering from Texas A&M University and an MBA from the University of Houston.

Mr. Vargas is a petroleum geologist with 30 plus years of experience in international exploration in several countries, including Peru, Argentina, and Libya. He has served as Vice President of Geosciences for BPZ Energy since 1997. He obtained a Bachelor's Degree in Geology from the Universidad Nacional Mayor de San Marcos, and a Master's Degree in Geology from the Instituto Mexicano de Petróleo, D.F. Mexico.

Mr. Súñiga joined BPZ as Vice President of Business Development in July 2006. Prior to joining BPZ, Mr. Súñiga worked for Baker Hughes' Pipeline Management Group from 2002 through 2005 and prior to that spent over 20 years in oil and gas infrastructure asset development in Latin America. Mr. Súñiga holds a Bachelor's Degree in Electrical Engineering from South Dakota State University and an MBA from the University of Nebraska at Omaha.

Mr. Zoeger, based in Lima, Peru, has served as General Manager of the Peruvian operations for BPZ Energy and its affiliates since 1997. He is BPZ Energy's official representative to the Government of Peru. As a professional engineer, Mr. Zoeger worked on both the Camisea and Talara field developments of Peru. He has over 30 years of experience planning, developing and managing oil and natural gas exploration and production projects, including consulting roles with the World Bank. He spent the first 20 years of his career with Petróleos del Peru, the national oil company of Peru. He holds a Bachelor of Science degree in Chemical Engineering from the Universidad Nacional de Trujillo, Peru.

Mr. Ledgard serves BPZ Energy as General Counsel. Mr. Ledgard was a Partner of the law firm Eastham, Watson, Dale & Forney, LLP, where he specialized in Admiralty and Maritime law. Prior to joining the law firm in 2001, Mr. Ledgard was an Assistant Counsel in the Office of the General Counsel for the Department of the Navy. Mr. Ledgard has over 25 years of experience in the marine transportation industry and holds an Unlimited Tonnage Master's License issued by the U.S. Coast Guard. He earned his B.S. in Marine Transportation from Texas A&M University in 1982 and his J.D. from Georgetown University Law Center in 1992. Mr. Ledgard also serves the Company as Corporate Secretary.