Mr. Strauch became a Director of BPZ in July 2005. Mr. Strauch has served since 2001 as Managing General Partner of Delmar Holdings LP a private firm which manages U.S. oil and gas properties. From 1992 to 2001 Mr. Strauch held various positions including President and CEO with Zarara Oil and Gas Limited and its predecessors. Zarara a publicly traded company in the US and UK had international oil and gas operations in Africa the Middle East the Far East and South America. Mr. Strauch has over 30 years experience in the oil and gas industry with extensive international and domestic technical experience in the areas of acquisitions reservoir engineering and economic evaluations. He began his career with Schlumberger and has served in senior management and technical positions with ARAMCO Petro Lewis Whiting Petroleum and Geodyne Resources. Mr. Strauch holds an MBA from the University of Denver and a degree in Geophysics from the Colorado School of Mines. He is a Registered Professional Engineer in the State of Colorado. Mr. Strauch will serve as Chairman of the Company's Compensation Committee.
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