Manolo Zúñiga, President and Chief Executive Officer of BPZ Energy (NYSE: BPZ) presented today at EnerCom’s The Oil and Gas Conference® 16. BPZ Energy is an independent oil and gas exploration and production company with exclusive license contracts covering approximately 2.2 million acres in four blocks in northwest Peru. The Corvina oil field in offshore Block Z-1 is the Company’s core producing asset.
During the company’s breakout session, management was asked the following questions:
- What is the earliest we would expect to hear something about a joint venture in Peru?
- Peru’s president has been positive towards the oil and gas industry, do you see that continuing in the future?
- How many local people do you employ in Peru?
- What is the cost of the CX-15?
- How are you thinking about the operatorship in regards to a JV?
- How much extra value does the interpretation of the 3D-seismic add to the Z-1 Block?
- By year-end will you be able to open all the wells in the Albacora?
- How comfortable will be in operating the CX-15?
- What is the 2012 capital expenditure program?
- Is the CX-15 going to be placed on the west side of the West Corvina?
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