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BPZ Energy to Ring Opening Bell at American Stock Exchange

HOUSTON--(BUSINESS WIRE)--BPZ Energy, Inc. (AMEX:BZP) is pleased to announce that Manolo Zúñiga, President and CEO, will ring the bell to open trading at the American Stock Exchange on Monday, February 12, 2007 at 9:30 a.m. EST. Accompanying Manolo will be Dr. Fernando Zúñiga y Rivero, Chairman of the Board, Edward Caminos, VP - Finance and Chief Accounting Officer, as well as the Company’s key Senior Management and Board of Directors.

The opening bell ceremony will be archived on the American Stock Exchange web site at www.amex.com and should be available by mid-day on Monday. Occasionally, the opening bell ceremony is picked up live on MSNBC or Bloomberg.

About BPZ Energy

Houston-based BPZ Energy, Inc. is an oil and gas exploration and production company with properties in northwest Peru and southwest Ecuador. It is executing its first project, an integrated gas-to-power strategy which includes generation and sale of electric power in Peru and sales of gas into Ecuador for third-party power generation. BPZ has exclusive rights and license agreements for oil and gas exploration and production covering approximately 2.4 million acres in four properties in northwest Peru. It also owns a working interest in a producing property in southwest Ecuador. The Company’s website at www.bpzenergy.com provides additional information about the Company’s plans, including photographs and other information with respect to its operations.