by Carly Forster and Sarah Roden 2014 was an eventful year on Wall Street with many ups and downs. Although many analysts recommendations made in 2014 were profitable, many...
On December 31, 2015, BPZ Resources, Inc. went out of business under Chapter 11 liquidation as per its bankruptcy filing. BPZ Resources, Inc., doing business as BPZ Energy, develops, explores, and produces oil and natural gas in Peru and Ecuador. It owns license contracts for oil and gas exploration and production covering approximately 1.9 million net acres in 4 blocks located in northwest Peru and off the northwest coast of Peru in the Gulf of Guayaquil. The company also owns a 10% non-operating net profits interest in the Santa Elena property, an oil and gas producing property located in the southwest region of Ecuador. The company was founded in 2001 and is headquartered in Houston, Texas.