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    1. Drilling & Completion

    BPZ spuds first Corvina well off Peru

    Sept. 18, 2006
    BPZ Energy Inc. has spudded its first Corvina field well with a target TD of 10,114 ft. The well is from a platform offshore northwest Peru.

    Offshore staff

    HOUSTON -- BPZ Energy Inc. has spudded its first Corvina field well with a target TD of 10,114 ft. The well is from a platform offshore northwest Peru.

    BPZ plans for gas from Corvina to fuel a power plant onshore and its Ecuador gas exports project.

    9/18/06