BPZ Energy to Present at Morgan Keegan 2007 Equity Conference.

HOUSTON -- BPZ Energy, Inc, (AMEX:BZP) today announced that Manolo Zuniga, President and Chief Executive Officer will be presenting at the Morgan Keegan 2007 Equity Conference, which will be held at the Peabody Hotel in Memphis, Tennessee, on September 5th and 6th. Mr. Zuniga will present on Thursday, September 6th at 1:30 pm Central time. A live webcast of the presentation will be available on the Company's web site at www.bpzenergy.com.

About BPZ Energy, Inc.

Houston based BPZ Energy, Inc. is an oil and gas exploration and production company which 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 minority working interest in a producing property in southwest Ecuador. The Company is currently executing 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, in parallel with the development of the Corvina oil discovery and the redevelopment of the Albacora oil field. 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.