Progress Report: BPZ Energy Joint Venture with Pacific Rubiales in Peru
BPZ Energy (ticker: BPZ) is exploring and producing from licensed contracts covering approximately 2.2 million gross acres in four properties in northwest Peru. One short year ago, a strategic inflection point for BPZ Energy was identified by OAG360. BPZ announced a long-awaited joint venture with Pacific Rubiales Energy Corp. (ticker: PRE:CA) for the development of BPZ’s offshore Block Z-1. Pacific