HOUSTON, TX December 31, 2015 BPZ Resources, Inc. (OTC:BPZRQ) today announced that the Plan of Liquidation was effective.
Houston, Texas, Dec. 31, 2015 (GLOBE NEWSWIRE) — As previously announced, on November 12, 2015, the Bankruptcy Court entered an order confirming the Company’s Second Amended Plan of Liquidation and Second Amended Disclosure Statement. On December 31, 2015, all conditions to the occurrence of the effective date set forth in the Plan and the Confirmation Order were satisfied or waived in accordance therewith and the effective date of the Plan occurred. On the same date, the Company filed a Notice of Effective Date of the Plan with the Bankruptcy Court.
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