BPZ RESOURCES INC

CUSIP: 055639108 Class: COMMON STOCK

PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO's Holding History (CIK: 0000315297)

Note: Option positions (PUT/CALL) are excluded.

Q3 2014
Shares 27,300 Value ($000) $52 Avg Close — Range —
Q2 2014
Shares 27,300 Value ($000) $84 Avg Close — Range —
Q1 2014
Shares 27,300 Value ($000) $87 Avg Close — Range —
Q4 2013
Shares 27,300 Value ($000) $50 Avg Close — Range —
Q3 2013
Shares 27,300 Value ($000) $53 Avg Close — Range —
Q2 2013
Shares 27,300 Value ($000) $49 Avg Close — Range —