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EX-99 - EXHIBIT 99.1 - BPZ RESOURCES, INC.ex99-1.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


  

FORM 8-K

 


 

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported)

August 18, 2014

 


  

BPZ Resources, Inc.

(Exact name of registrant as specified in its charter)

 


  

Texas

 

001-12697

 

33-0502730

(State or Other Jurisdiction of

 

(Commission File Number)

 

(I.R.S. Employer Identification No.)

Incorporation)

 

 

 

 

 

580 Westlake Park Blvd., Suite 525

Houston, Texas 77079

(Address of Principal Executive Offices)

 

(281) 556-6200

(Registrant’s Telephone Number, Including Area Code)

 

N/A

(Former Name or Former Address, if Changed Since Last Report)

 


  

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):

 

  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  Soliciting material pursuant to Rule 14a-12 under the exchange Act (17 CFR 240.14a-12)

 

  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 

Item 7.01.     Regulation FD Disclosure.

  

On August 18, 2014, Manolo Zúñiga, President and Chief Executive Officer of BPZ Resources, Inc. (“the Company”), made a presentation at an oil and gas conference in Denver, Colorado. A copy of the presentation materials is attached as Exhibit 99.1 to this Form 8-K.

 

In order to clarify statements made during the conference regarding expected production rates, the Company expects the gross production rates from Block Z-1 at the end of 2014 to be in the range of 8,000 – 9,000 barrels per day.

 

 

Forward Looking Statement

 

This Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward looking statements are based on our current expectations about our company, our properties, our estimates of required capital expenditures and our industry. You can identify these forward-looking statements when you see us using words such as "will," "expects," "estimates,”, "prospective," and other similar expressions.  These forward-looking statements involve risks and uncertainties.

 

Our actual results could differ materially from those anticipated in these forward looking statements. Such uncertainties include successful operation of our new platform in Corvina, the success of our project financing efforts, accuracy of well test results, results of seismic testing, well refurbishment efforts, successful production of indicated reserves, receipt of all required permits, the successful management of our capital expenditures, and other normal business risks.  We undertake no obligation to publicly update any forward-looking statements for any reason, even if new information becomes available or other events occur in the future.

 

 

Item 9.01.     Financial Statements and Exhibits.

 

(d) Exhibits. 

 

Exhibit No.

 

Description

 

 

 

Exhibit 99.1

 

BPZ Resources Inc. Presentation at an oil and gas conference in Denver, Colorado, dated August 18, 2014, and furnished with this report. 

 

 
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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. 

 

 

BPZ RESOURCES, INC.

 

(Registrant)

 

 

Dated: August 19, 2014

By:

/s/ Richard S. Menniti

 

Name:

Richard S. Menniti 

 

Title:

Chief Financial Officer

  

 
3

 

 

INDEX TO EXHIBITS 

 

Exhibit No.

 

Description

 

 

 

Exhibit 99.1

 

BPZ Resources Inc. Presentation at an oil and gas conference in Denver, Colorado, dated August 18, 2014, and furnished with this report.