Bpz Resources, Inc. Watch

from 10-Q 4 pages Waiver (This “Waiver”), Dated as of September 28, 2012, With Respect to That Certain Credit Agreement, Dated as of July 6, 2011 (As Amended, the “Credit Agreement”), by and Among BPZ Exploración & Producción S.R.L., as Borrower (The “Borrower”), Bpz Resources, Inc., BPZ Energy LLC, Soluciones Energéticas S.R.L., and BPZ Norte Oil, S.R.L., as Guarantors (The “Guarantors” And, Together With the Borrower, the “Loan Parties”), the Lenders Party Thereto From Time to Time, and Credit Suisse AG, Cayman Islands Branch, as Administrative Agent (The “Administrative Agent”). Capitalized Terms Used but Not Defined Herein Shall Have the Meaning Ascribed to Them in the Credit Agreement, And, Unless Otherwise Specified, References to “Sections” Shall Be to Sections of the Credit Agreement. Preliminary Statements: The Borrower Has Requested, and the Lenders Have Agreed to Provide, Waivers With Respect to Certain Provisions of the Credit Agreement in Respect of the Borrower's Minimum Crude Oil Barrel Production for the Fiscal Quarter Ended September 30, 2012. Now, Therefore, for Good and Valuable Consideration, the Receipt and Sufficiency of Which Is Hereby Acknowledged, and Subject to the Terms and Conditions Hereof, the Parties Hereto Agree as Follows

from 10-Q 36 pages Fourth Amendment to Credit Agreement

from 10-Q 29 pages Fourth Amendment to Credit Agreement

from 10-K 8 pages Third Amendment to Credit Agreement

from 10-K 9 pages Second Amendment to Credit Agreement

from 10-K 9 pages First Amendment to Credit Agreement

from 10-K 7 pages Third Amendment to Credit Agreement

from 10-K 8 pages Second Amendment to Credit Agreement

from 10-K 8 pages First Amendment to Credit Agreement

from 10-Q 83 pages US$75,000,000 Credit Agreement Dated as of July 6, 2011 by and Among BPZ Exploracion & Produccion S.R.L., as Borrower, and Bpz Resources, Inc. and BPZ Energy LLC as Guarantors, and the Lenders Party Hereto From Time to Time, and Credit Suisse AG, Cayman Islands Branch, as Administrative Agent Credit Suisse International, as Book-Runner and Lead Arranger Standard Bank PLC. as Mandated Lead Arranger

from 10-K 72 pages US$40,000,000 Credit Agreement Dated as of January 27, 2011 by and Among Empresa Electrica Nueva Esperanza S.R.L., as Borrower, and Bpz Resources, Inc., and BPZ Exploracion & Produccion S.R.L., as Guarantors, and the Lenders Party Hereto From Time to Time, and Credit Suisse AG, Cayman Islands Branch, as Administrative Agent Credit Suisse International, as Arranger

from 10-K 26 pages Loan Agreement Between Bpz Exploración & Producción S.R.L. Bpz Marine Peru S.R.L and International Finance Corporation Dated as of August 15, 2008

from 8-K 98 pages C Loan Agreement Between Bpz Resources, Inc. (Formerly BPZ Energy, Inc.) and International Finance Corporation Dated November 19, 2007