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BPZ Energy continues Corvina field drilling

02/02/2009
Houston-based BPZ Energy Inc. is testing the latest of six wells it has drilled in the 80 million bbl Corvina field off northwestern Peru. The CX11-15D well reached TD of 9,385 ft MD (6,459 ft TVD) on Jan. 1, 2009. BPZ detailed its Corvina gas-to-power project in its 2006 annual report.1The company’s onshore support operations and gas-fired, thermoelectric power plant are in the Tumbes region, about 850 miles north of Lima.Peru assetsBPZ Energy, a Houston-based subsidiary of BPZ Resources Inc., controls 2.4 million net acres in three basins covered by four blocks in northwestern Peru, Z-1, XIX, and XXIII; and XXII (Fig. 1). The company is looking at different geologic plays and is u...
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