Oil and Gas News
BPZ Energy Puts All Assets Up for Sale
BPZ Energy an independent oil company with assets in Peru, has announced that its Board of Directors has determined that it is in the best interest of the Company’s stakeholders for the Company to undertake an organized process to attempt to sell, in a single transaction, substantially all of its assets, subject to the necessary approvals by the bankruptcy court overseeing the Company’s Chapter 11 case.