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- BPZ Energy Announces Senior Debt Funding of $15 Million from IFC
- HOUSTON -- BPZ Resources, Inc. (NYSE Alternext US:BPZ) announced it has received funding of the $15 million tranche of senior debt with the International Finance Corporation IFC. The IFC $15 million facility is the first tranche of two credit facilities totaling $215 million. As previously announced, Natixis, a French...
- Research articles 2008-10-20
- Cardero Receives Positive Independent Preliminary Economic Assessment for the Central Zone at Pampa de Pongo Iron Deposit
- Cardero Resource Corp. ("Cardero" or the "Company") (TSX: CDU)(NYSE-A: CDY)(FRANKFURT: CR5) is pleased to announce that SRK Consulting Canada Inc. ("SRK") has completed a Preliminary Economic Assessment ("PEA") on the 750Mt Central Zone of the Pampa de Pongo Iron Deposit, located in the Marcona Iron District of Southern Peru, and...
- Research articles 2008-10-09
- BPZ Energy Announces Reaching Total Depth on CX11-20XD Well
- HOUSTON -- BPZ Resources, Inc. (AMEX:BZP) announced the Company reached total target depth on the CX11-20XD well at the Corvina field in offshore Block Z-1 located in northwest Peru. The 20XD is the Company's fifth well in the Corvina field and reached a total measured depth of approximately 9,800 feet...
- Research articles 2008-08-25
- Peruvian natives agree to 48 hour protest truce
- LIMA AFP — Thousands of indigenous people across Peru late Wednesday agreed to a 48-hour truce in their 10 day protest against what they call "the law of the jungle" that opens up their Amazon tribal lands to development, officials said. The agreement followed a meeting in Lima between...
- Research articles 2008-08-20
- BPZ Energy Closes $15 Million Initial Tranche of Senior Debt
- HOUSTON -- BPZ Resources, Inc. (AMEX:BZP) announced today the closing of the initial tranche of senior debt with the International Finance Corporation IFC in the amount of $15 million. Funding is subject to satisfying certain conditions precedent but is expected within 30 days. The second tranche of the senior debt,...
- Research articles 2008-08-18
- Prosecutor: Fujimori enjoying excessive privileges in jail
- LIMA AFP — The lead prosecutor in the human rights abuse trial of Alberto Fujimori complained that Peru's ex-president is enjoying excessive privileges beyond those granted to other prisoners. The complaint came after a congressman with President Alan Garcia's ruling APRA party was elected head of congress with support...
- Research articles 2008-08-01
- FAO launches relief operation to save 18,000 Peruvian alpacas
- ROME AFP — The United Nations Food and Agriculture Organisation FAO said Thursday it had launched an emergency operation to save 18,000 Peruvian alpacas at risk of dying and endangering local livelihoods. The organisation's branch in Peru has doled out 36,800 doses of treatment to alpacas owned by poor...
- Research articles 2008-07-31
- 1,700-year old remains unearthed in Peru tomb
- LIMA AFP — A Canadian-led team of archaeologists has unearthed the 1,700 year-old tomb of a leader of the pre-Columbian Moche culture in northern Peru, the scientists said. Canadian archaeologist Steve Bourget said the tomb was discovered in the Ucupe dig 39 kilometers (24 miles) from Chiclayo on Peru's...
- Research articles 2008-07-05
- Protesters take 65 police, general hostage in Peru
- LIMA AFP — Thousands of protesters demanding a greater share of economic benefits from mining operations overwhelmed riot police in southern Peru on Monday and took hostage 65 police and a general, mediators said. Furious residents of Moquegua, a town 1,200 kilometers (750 miles) south of Lima, have conducted...
- Research articles 2008-06-16
- BPZ Energy Resumes Crude Oil Deliveries to Talara; Contracts Second Rig
- HOUSTON -- BPZ Resources, Inc. (AMEX:BZP) announces resumption of Corvina's crude oil deliveries and execution of a second drilling rig contract. Corvina Oil The Company announced that the clearance needed to transport oil from the CX-11 platform to the nearby Talara refinery was issued by the corresponding Peruvian...
- Research articles 2008-06-09
- Surgery puts Fujimori trial on hold for one week
- LIMA AFP — The trial of Peru's former president Alberto Fujimori for human rights abuses during his rule is on hold for a week as he undergoes surgery on a pre-cancerous sore on his tongue, his attorney said Wednesday. Fujimori, who turns 70 in July, went to a hospital...
- Research articles 2008-06-04
- BPZ Energy Certifies 284 Bcf of 3P Gas Reserves in Corvina Field
- HOUSTON -- BPZ Resources, Inc. (AMEX:BZP) announced today the gas reserves certification from independent reserve engineers Netherland Sewell and Associates, Inc. NSAI from the Company's Corvina field in offshore Block Z-1 in northwest Peru. NSAI's reserves report certified Proved, Probable, and Possible gas reserves (commonly known as 3P reserves) as...
- Research articles 2008-05-15
- RAM Gold & Exploration, Inc. Announces Contract Negotiations
- LAS VEGAS -- RAM GOLD & EXPLORATION, INC., formerly Gaia Resources, Inc., announced today that it has completed contract negotiations with AMR Project Peru, S.A.C. relating to its Letter of Intent between the parties in order to begin drilling and exploration on the AMR property with the intent to commercialize...
- Research articles 2008-05-15
- Dubai Ports World building one of Americas largest ports
- LIMA AFP — Dubai Ports World has begun construction on what is promised to be one of the largest port in the Americas in El Callao, Peru with an initial investment of more than 300 million dollars. The Muelle Sur port is due to be completed in 2010 and...
- Research articles 2008-05-01
- Peru high court upholds 6-year prison for Fujimori
- LIMA AFP — Peru's Supreme Court Tuesday upheld a six-year prison sentence issued in December against former president Alberto Fujimori for ordering an illegal entry into a private home at the close of his rule (1990-2000). Fujimori, 69, is currently on trial for alleged human rights abuses, including two...
- Research articles 2008-04-15
- Peruvian site yields a golden discovery
- Archaeologists may not be fashion divas, but they dig antique jewelry. Consider the discovery of 4,000-year-old gold and stone beads in southeastern Peru. These crafted items, the oldest examples of worked gold in the Americas by about 600 years, were strung together into a necklace, say Mark Aldenderfer of the...
- Research articles 2008-04-12
- BPZ Energy Tests 5,350 bopd in Ongoing Testing of CX11-18XD Well
- HOUSTON -- BPZ Resources, Inc. (AMEX:BZP) today announced the Company has performed three drill stem tests DST in ongoing testing of the CX11-18XD well in the Corvina field of offshore Block Z1 in northwest Peru, reaching up to date a cumulative total of 5,350 barrels of oil per day bopd....
- Research articles 2008-04-01
- 12 dead after highway buses collide in Peru: police
- LIMA AFP — A collision between two buses left 12 dead and some 30 injured in northern Peru, police said Saturday. Highway police Colonel Guillermo Arteta said that the buses had a "very strong" collision on a highway in the Pampa la Zorra area in Huarmey province. Luis...
- Research articles 2008-03-15
- Peru's Fujimori linked to death squad chief
- LIMA AFP — Former president Alberto Fujimori met in 1991 with the head of a military death squad that killed at least 25 people, despite his statements to the contrary, a witness in Fujimori's trial said Wednesday. Fujimori, 69, is charged with atrocities committed during his 1990-2000 rule, including...
- Research articles 2008-03-12
- Todays Stock News Update: ACAP, NILR, PDLI.
- M2 PRESSWIRE-10 March 2008-Businessnewsnow.us: Todays Stock News Update: ACAP, NILR, PDLIC1994-2008 M2 COMMUNICATIONS LTD RDATE:10032008 New York, NY -- American Physicians Capital, Inc. (NASDAQ: ACAP); Nilam Resources Inc. (OTCBB: NILR); PDL BioPharma, Inc. (NASDAQ: PDLI) BusinessNewsNow...
- Research articles 2008-03-10
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