X0303 4 2008-07-29 0 0001023734 BPZ RESOURCES, INC. BZP 0001328004 Briens Frederic 580 WESTLAKE PARK BLVD SUITE 525 HOUSTON TX 77079 0 1 0 0 Chief Operating Officer Common Stock 2008-07-29 4 S 0 1300 18.619 D 802828 D Common Stock 2008-07-29 4 S 0 1200 19.764 D 801628 D Represents 13 independent sales of: 100 Shares at $18.24,100 Shares at $18.31,100 Shares at $18.36,100 Shares at $18.37,100 Shares at $18.455,100 Shares at $18.48,100 Shares at $18.52,100 Shares at $18.54,100 Shares at $18.62,100 Shares at $18.64,100 Shares at $19.10,100 Shares at $19.19 and 100 Shares at $19.22. Represents 8 independent sales of: 100 Shares at $19.44,100 Shares at $19.48,100 Shares at $19.48,100 Shares at $19.54,100 Shares at $19.57,100 Shares at $19.76,100 Shares at $19.90 and 500 Shares at $20.00. Execution price of each trade was between $18.24 and $19.22. Execution price of each trade was between $19.44 and $20.00. These shares were sold pursuant to the provisions of a Rule 10b(5)-1 Plan established in June 2008. /s/ Frederic Briens 2008-07-29