BPZ Resources sees FY13 spending about $27M on CAPEX, exploritory expendatures Planned capital and exploratory expenditures onshore include contingent amounts subject to receipt of necessary permits which include $12M for shallow drilling activities at Block XXIII as well as $9M of 3D and 2D seismic work for Blocks XIX and XXII, respectively. Other expenditures of $6M are also included.
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