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Black Rock Oil purchase (BLR)     

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

Chart.aspx?Provider=EODIntra&Code=BLR&Si

soul traders - 24 Aug 2006 10:53 - 656 of 1049

Bet Shares Mag gets bored or stops it just before the action starts!

I won't, though - I am possessed of incredible patience and a desire to make money sitting at my computer screen!

shadow - 24 Aug 2006 14:00 - 657 of 1049

certainly is a speculative buy, is hardly moved in the past month, people keep saying the price will rise to 2p-3p. with the amount of shares in issue. This will not a consolidation would be approiate similar to SER, but before this happened the price droped.

moneyman - 24 Aug 2006 21:50 - 658 of 1049

Shadow with updates expected on ACRE, Ivan is in Colombia at present, and MONTEREY spudding soon you better be quick.

soul traders - 25 Aug 2006 12:35 - 659 of 1049

Action time, or at least it should be! DYOR.

skyhigh - 25 Aug 2006 12:48 - 660 of 1049

'bout time too!

skyhigh - 25 Aug 2006 12:52 - 661 of 1049

predictable ! bid gone back down again ! can't see why it they change it all around every 5 mins.

soul traders - 25 Aug 2006 13:20 - 662 of 1049

Volatility makes the market!

moneyman - 28 Aug 2006 23:07 - 663 of 1049




Just got this from TT on ADVFN

BLACK ROCK OIL & GAS
(BLR:AIM) 1.2p
Theres not been too much to shout about since we tipped the oil and
gas independent at 1.2p two months ago (1 June) and the shares are
back where they started. However, striking a deal with the Gemini Fund
II to pay its 15% share of drilling expenses on the Monterey appraisal
well in the North Sea, in exchange for a share in future revenues,
means Black Rock has sensibly de-risked the project. With potential for
165 bcf of gas, the upside is substantial. Still a speculative punt but the
risk/reward pendulum is swinging its way.

skyhigh - 29 Aug 2006 08:09 - 664 of 1049

'ere we go ! mms playing around with the bid price ! what a waste of time. pointless when they muck around with the sp.
Surely the outlook doesn't change from one minute to the other!?

soul traders - 29 Aug 2006 10:04 - 665 of 1049

Moneyman, is that not the quote from Shares Mag? Something about pendulums ("pendula"??) rings a bell.

Skyhigh, you're dead right. The outlook doesn't change from one minute to the next, hence the MM's need to fiddle with the price in order to shift stock and make money.

ptholden - 29 Aug 2006 10:18 - 666 of 1049

Bought into these last week with my GOO profits as a rather speculative punt. MMs just not interested at the moment and with 3 on the offer there doesn't appear to be a shortage of stock. A bit of good news will get it going though.

pth

georgetrio - 30 Aug 2006 00:11 - 667 of 1049

Why is the SHARES MAG highlighting BLR very often?
Probably they see its bright future IMO
in the SHARE MAG dated 02-08March 2006; SHARES said:

Tiny Black Rock Oil&Gas is the latest to strike a deal, getting an agreement from Kappa resources; its joint venture partner in the Acre Oil field, to press ahead with stream tests. BLR reckons there's five million barrels of recoverable oil from Acre and hopes to spring commercial production this year.

moneyman - 30 Aug 2006 10:32 - 668 of 1049

PTH when it moves it does rapidly. Hoods were controlling the offer and maybe still do. Lots of positive news still expected in the short term.

Well done on GOO btw

Marcel1970 - 05 Sep 2006 14:36 - 669 of 1049

Does anyone know when the next update is on BLR

Rutherford - 05 Sep 2006 16:31 - 670 of 1049

Believe Ivan Burgess to be back in the UK on Thursday and possible update of ARCE on Friday or Monday. This info is from another bulletin board so ------

explosive - 05 Sep 2006 22:19 - 671 of 1049

Its a waiting game I think now.

PT. Why'd you sell GOO, I'm still holding and still very up!!??

driver - 05 Sep 2006 23:03 - 672 of 1049

explosive
PT is away for three months he announced on the SER thread. Nice holiday if that's where his gone.

rpaco - 06 Sep 2006 13:51 - 673 of 1049

Diydave
You got any proper figures out of Ivan yet? Unless I missed something we still are none the wiser regarding the deal and how much is being given away for the future.
Also is the gear out of customs yet? Was it held for political reasons? How stable is Columbia, will they do an Equadore? Surely the drug cartels run Columbia, how will they react to a another major source of revenue in the country, have they been 0ut in; maybe it was them that held up the customs process.

I'm still in, in the hope of a flush of enthusiasm and some major player taking a good handfull of shares to push the SP up to 10p (or maybe it's just a dream)

movinup - 07 Sep 2006 10:28 - 674 of 1049

sp creeping up slowly.

georgetrio - 11 Sep 2006 01:27 - 675 of 1049

If one understands what's happening in Colombia and what's possible in the North sea, one may understand why the respected SHARES MAG put BLR in its
Oil & Gas watchlist. Below is the full list of the Mag watchlist

1..AFREN

2..BLACK ROCK OIL & GAS

3..GULFSANDS PETROLEUM

4..MAX PETROLEUM

5..TULLOW OIL

One thing is clear is that, not every little fish receives such attention from the SHARES Mag. this gives food for thought to eagle eyes investors. My view is that BLR management must prove their competence and bring the oil or the gas. how to know the future?
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