Insider Trades - ZUNIGA-RIVERO FERNANDO J

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ZUNIGA-RIVERO FERNANDO J: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
BPZ RESOURCES, INC Officer NYSE:BPZ (historical quotes, profile, other insiders)	1-Jul-09	4,927,736	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
1-Jul-09 23,850 BPZ Acquisition (Non Open Market) at $0 per share.
20-Aug-08 10,000 BPZ Sale at $20.36 per share.
(Proceeds of $203,600)
15-Jul-08 30,000 BPZ Sale at $25.01 per share.
(Proceeds of $750,300)
25-Jun-08 64,000 BPZ Sale at $24.22 per share.
(Proceeds of $1,550,080)
24-Jun-08 45,311 BPZ Sale at $25.58 per share.
(Proceeds of $1,159,055)
20-Jun-08 25,819 BPZ Sale at $25.73 per share.
(Proceeds of $664,322)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
1-Jul-09	23,850	BPZ	Acquisition (Non Open Market) at $0 per share.
20-Aug-08	10,000	BPZ	Sale at $20.36 per share. (Proceeds of $203,600)
15-Jul-08	30,000	BPZ	Sale at $25.01 per share. (Proceeds of $750,300)
25-Jun-08	64,000	BPZ	Sale at $24.22 per share. (Proceeds of $1,550,080)
24-Jun-08	45,311	BPZ	Sale at $25.58 per share. (Proceeds of $1,159,055)
20-Jun-08	25,819	BPZ	Sale at $25.73 per share. (Proceeds of $664,322)