Area Drilling

Sept. 17, 2007

Peru

BPZ Energy Inc., Houston, said its CX11-14D well in Corvina field off northwestern Peru drillstem tested 1,700 b/d of oil on a 5/8-in. choke with no water through perforations in the Upper Zorritos formation at 7,150 ft.

The test on Block Z-1 confirmed the presence of oil downdip from the CX11-21XD well, which tested 5,900 b/d of oil and 60 MMcfd of gas, and the absence of water indicates that the Corvina oil pool extends downdip of the CX11-14D well, the company said. More sands are to be tested.