BPZ Energy provided the following operations update.
Offshore Block Z-1 (51% BPZ)
Second quarter 2014 gross production from the Block Z-1 development drilling program has averaged approximately 5,435 barrels of oil per day (bopd), or 2,772 bopd net to BPZ through June 3, 2014.
The new A-21D development was completed in mid-May 2014 and the well has averaged 885 bopd gross, or 451 bopd net to BPZ for the past ten days. For the last 24 hours the A-21D well has averaged gross production of approximately 790 bopd, or net production to BPZ of 403 bopd.