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Stock Trading History of Armijo Ralph

The following table details the trading activities (stock purchases, stock sales, and stock option exercises) reported to the Securities and Exchange Commission (SEC) by insider Armijo Ralph since year 2005. The trader's CIK number is 1029046. At the time of this reporting, Armijo Ralph is the CEO of Bpz Energy Inc (stock ticker symbol BPZI).

Stock purchases, sales, and option exercises reported by *Armijo Ralph* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2003-06-05	BPZI	Bpz Energy Inc	Purchase	1,446	1.80	2,602
1999-12-10	BPZI	Bpz Energy Inc	Sale	150,000	8.60	1,290,450
1998-05-19	BPZI	Bpz Energy Inc	Sale	22,000	5.38	118,250

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above table cannot be completely guaranteed as to their accuracy. For more information regarding the trades made by Armijo Ralph (CEO of Bpz Energy Inc at the time of this reporting) see the Securities and Exchange Commission (SEC) website.