Rutherford
- 30 Mar 2004 20:18
www.blackrockoilandgasplc.co.uk
www.vsaresources.com
www.oilbarrel.com
Presentation from Thursday 6th July 06 can be seen on oilbarrel !
Monterey appraisal well suspended pending Wintershall evaluation. 1/12/06
BLR and Kappa in dispute.
BLR to meet with Kappa within next two weeks 1/12/06
goal
- 15 Dec 2004 10:48
- 31 of 1049
Oily Jim
- 16 Dec 2004 10:57
- 32 of 1049
Just in case you've not seen this yet. It's nothing we don't already know but may be useful to new investors.
bject: Black Rock Oil & Gas Updates Message
(Mailing List Information, including unsubscription instructions,
is located at the end of this message.)
An article appeared in Oilbarrel.com daily bulletin dated 16.12.2004
Black Rock Gets The Results Of Cyrano-2
At the back end of last year Australian explorer Black Rock Oil & Gas was sitting on an uninspiring crop of projects and was a drillbit virgin. Twelve months on and the company is enjoying a lot of activity. With new managing director Ivan Burgess at the helm since January 2004, the AIM-quoted company has built up an inventory of drillable prospects that will ensure regular news flow for investors and promises to deliver some real exploration upside.
Buoyed by a fundraising last month that added 500,000 to the coffers, the company is presently drilling offshore Australia, gearing up for a two-well programme in southern England, and can boast a crop of exploration projects in the UK and Ireland. It is in the nature of exploration that there have been some disappointments.
The Cyrano-2 well has been drilled in EP 364 in the Carnarvon Basin, some 12 km southeast of Airlie Island off the coast of Western Australia, the countrys largest hydrocarbon-producing area. The well was drilled down dip of the Cyrano-1 discovery well of March 2003, which encountered a 10 metre column of oil under a 19 metre gas cap in lower Cretaceous sandstones. The Ensco 56 rig is drilling the follow-up in 13 metres of water and to a total depth of 1,590 metres. The well is testing the Mardie Greensands and Airlie sandstones, which were hydrocarbon-bearing in Cyrano-1, as well as heading deeper to intersect a large prospect in the Jurassic. Black Rock has a 15 per cent stake in the Tap Oil-operated project. Unfortunately the well has not done well and has been plugged and abandoned.
Attention now centres on well results from southern England, where site preparations are underway for the spudding of the Sandhills-2 well on the Isle of Wight early in the New Year. The well, a follow-up to a 1982 oil discovery abandoned by then operator BG as unworkable, could unlock the geology to a large if complex reservoir. Sandhills-2 will then be followed by a second well on the Isle of Wight, the Bouldnor Copse-1 exploration well. Its an area Black Rock is getting to know well. It has secured small interests in a cluster of licences in southern England, holding stakes ranging from 2.5 per cent to 5 per cent in PEDLs 098, 099, 113, 151 and 152. It also holds 40 per cent in P1140 in the gas-prone Southern North Sea plus 100 per cent of four exploration projects in Ireland.
Ivan BURGESS
Managing Director
Black Rock Oil & Gas PLC
Suite 2, 20 Altona Street, WEST PERTH, 6005
PO Box 486, WEST PERTH, 6872
Telephone 00 61 89 485 0543
Facsimile 00 61 89 485 0604
Mobile:
UK: 07909548469
Australia: 61 423 881 507
UK Office: 30 Farringdon Street, LONDON, EC4A 4HJ
web: www.blackrockoilandgasplc.co.uk
Email: ivanb@blackrockoil.com
m100
- 16 Dec 2004 12:43
- 33 of 1049
good to know - unfortunately we all expected instant success, future looks promising for them..
shaunoneill
- 16 Dec 2004 12:50
- 34 of 1049
10% up boys happy days.
Oily Jim
- 16 Dec 2004 13:22
- 35 of 1049
Instant success would have been good. My gut feel, for what it's worth, is that playing the long game will pay off.
Aldor3
- 16 Dec 2004 13:41
- 36 of 1049
yup just sit and wait they won't all be dry looking forward to a really good 2005
m100
- 18 Dec 2004 17:54
- 37 of 1049
presume the equity issue to cover more costs digging about..nice to see this company do well in 05
goal
- 22 Dec 2004 16:29
- 38 of 1049
m100
- 23 Dec 2004 13:32
- 39 of 1049
well given the rns update could be good news just after the new year
goal thanks for the link makes interesting reading
shaunoneill
- 23 Dec 2004 13:58
- 40 of 1049
sounds good i am sure we will see a 10% rise by the end of the day.
dawsinho
- 28 Dec 2004 10:24
- 41 of 1049
Morning,
Just been reading through some press releases on black rock oils website and came across this:
http://www.blackrockoilandgasplc.co.uk/press/300904_og_gazette.jpg
If you read through it it mentions,
"there is also another project on the boil in kent on which burgess hopes to complete negotiations on soon"
Anybody have any clue, which this is refering to? Have searched the net but can't seem to find anything...
Any help please!
goal
- 31 Dec 2004 12:52
- 42 of 1049
Black Rock Oil says drilling started on Cooper 1 well in Western Australia
AFX
LONDON (AFX) - Black Rock Oil & Gas PLC said drilling started today on the Cooper 1 well in Western Australia.
The well is expected to take about 10 days to drill.
If successful the structure into which Cooper 1 is to be drilled could contain more than 20 mln barrels recoverable of oil of which Black Rock has 7.5 pct.
'The shallow water depth and proximity to shore would result in modest development costs with the potential high productivity of the Birdrong Sandstone reservoir making even a relatively small oil pool discovery economic,' the company said.
newsdesk@afxnews.com
A very prosperous New Year to all. goal.
goal
- 14 Jan 2005 12:01
- 43 of 1049
goal
- 10 Feb 2005 23:18
- 44 of 1049
Oily Jim
- 22 Feb 2005 11:58
- 45 of 1049
Rig contract signed for Sandhills-2.
goal
- 07 Mar 2005 08:26
- 46 of 1049
LONDON (AFX) - Black Rock Oil and Gas PLC said drilling on the Sandhill 2 appraisal well on the Isle of Wight will start on or about April 21.
Operator Northern Petroleum PLC said Rig 28 is expected to reach the site on April 21.
Drilling of the Bouldnor Copse-1 exploration well is set to immediately follow operations at the Sandhills 2 well, it added.
The Sandhills 2 well will be drilled to a proposed depth of 3,700 feet and take about three weeks, said Black Rock.
Hereward Ventures PLC has a 7.5 pct interest in the Sandhills 2 well and a 10 pct stake in the Bouldnor Copse-1 well, while Black Rock has 5 pct interest in Sandhills 2.
newsdesk@afxnews.com
jc
goal
- 31 Mar 2005 16:26
- 47 of 1049
LONDON (AFX) - Black Rock Oil & Gas PLC said its pretax losses widened in the six months to end December 2004 on increased exploration activity.
Pretax losses widened to 997,528 stg from 242,667 stg in the year-earlier period. The company has no sales.
'We actively are seeking additional exploration acreage in low-risk areas where there is still a high probability of success, as well as looking to further strengthen the management team,' said managing director Ivan Burgess.
During the period Black Rock's inaugural chairman David Steinepreis stepped down as part of the company's process of moving from Australia to the UK.
The AIM-listed company has petroleum interests in the UK, Republic of Ireland, and Australia, although it plans to focus on further acquisitions in Europe and the North Sea and reduce its exposure in Australia.
newsdesk@afxnews.com
jc
goal
- 08 Apr 2005 10:32
- 48 of 1049
LONDON (AFX) - Black Rock Oil & Gas PLC said it agreed to buy 50 pct of the Bukhara oil field in Uzbekistan.
The Bukhara oil field contains estimated recoverable reserves of 70 mln barrels of which Black Rock will be entitled to 50 pct.
The acquisition is the first of several anticipated deals, it said.
Field operations are immediately progressing on the licence area.
Testing of the Bukhara 1 discovery will be followed by the drilling of Arce 3. The Arce oil field contains estimated mean reserves of 5 mln barrels.
Black Rock will also participate in the Las Quinchas license in Colombia as a result of a EP00276-96 farmin agreement with Kappa Energy Colombia Ltd.
newsdesk@afxnews.com
jc
goal
- 18 Apr 2005 16:25
- 49 of 1049
BLR has held up well today, on another day this would have gone blue.regards goal.
Oily Jim
- 18 Apr 2005 17:10
- 50 of 1049
My thoughts exactly.
Jim