BPZ RESOURCES INC

CUSIP: 055639108 Class: COMMON STOCK

Indaba Capital Management, L.P.'s Holding History (CIK: 0001524362)

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

Q3 2014
Shares 2,108,525 Value ($000) $4,027 Avg Close — Range —
Q2 2014
Shares 443,700 Value ($000) $1,367 Avg Close — Range —