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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 - 19 Oct 2006 21:35 - 728 of 1049

I agree that it sucks - but hey, on the bright side, that's 1.6m buys despite the big spread. However, it's still only about 20k-worth of stock . . . .

This will get better.

Rutherford - 19 Oct 2006 23:44 - 729 of 1049

3 weeks till we hear about Monterey and within that time scale we should have heard about steaming equipment at Arce being up and running.

explosive - 20 Oct 2006 23:05 - 730 of 1049

I know Ruth, would have thought we'd have seen the spread begin to close though by now. Never mind though, will continue to hold as this stock seams to have short sharp bursts when it gets going.

P.S. Any chance you could add a 12 month sp graph to the title with Bollinger Brands?

skyhigh - 21 Oct 2006 11:37 - 731 of 1049

Grim isn't it! but it should brighten up with all the news that's due (imo)

shadow - 21 Oct 2006 11:42 - 732 of 1049

BLR is awaiting an update, but nothing emerges the price will drift dow as the Mm's lower the level before any news is available therfore BLR, 0.85 or lower.!

Rutherford - 21 Oct 2006 23:15 - 733 of 1049

explosive: Not sure how I would do that but if you can guide me through of course I will add the requested graphs. Alternatively you could start another BLR thread with a better header and I will be happy to post on the new thread.------
Now tried to put chart in but at the moment not there so we shall see.

Rutherford - 24 Oct 2006 00:18 - 734 of 1049

Charts now in header.

laurie squash - 24 Oct 2006 09:53 - 735 of 1049

Going by the company dates:
Steaming started 4 days ago.
Monteray drilling to finish round the 13th November and then well to be finished about the 4th Dec 2006.

soul traders - 24 Oct 2006 10:39 - 736 of 1049

I don't wish to burst your bubble, Laurie, but I would have expected an RNS had BLR started steaming.

Schedules always slip, but it's not necessarily serious as long as reasonable progress is being made.

laurie squash - 24 Oct 2006 10:53 - 737 of 1049

Steaming was stated to take 6 months rns on any major developments just starting on the 20th (30 days from 21st Sept report). From the website.
But yes I am in until 2007 anyway and will look to buy shortly.

mcmahons - 25 Oct 2006 15:54 - 738 of 1049


Black Rock announces Ivan Burgess resigned as Managing
Director and as a Director of the Company with immediate effect.

skyhigh - 25 Oct 2006 15:59 - 739 of 1049

Wow ! this should be good news ?.. (judging by peeps comments on this and other BBs)

silvermede - 25 Oct 2006 16:01 - 740 of 1049

Black Rock Oil & Gas PLC
25 October 2006




For immediate release
25 October 2006

Black Rock Oil & Gas plc
('Black Rock' or the 'Company')

Board changes

Black Rock (stock code: BLR), the UK-based exploration company, announces that
it has today appointed Dr John Cubitt as Managing Director of the Company with
immediate effect. Dr John Cubitt is currently the Company's technical director
and a director of the Company and has been involved in oil and gas production
for more than 26 years. Dr John Cubitt is a registered Chartered Geologist
(CGeol) and has a BSc and PhD in geology.


The Company also announces that Ivan Burgess has today resigned as Managing
Director and as a Director of the Company with immediate effect.

mcmahons - 25 Oct 2006 16:02 - 741 of 1049

bloody hope so

silvermede - 25 Oct 2006 16:03 - 742 of 1049

I have only met Dr John Cubitt once but he seemed to have a good handle on the business and had a clear strategy in his own mind where the company was going.

This change at the top had been a topic of discussion on this BB.

Rutherford - 25 Oct 2006 17:04 - 743 of 1049

Believe BLR is about Monterey and Columbia and not about Ivan Burgess but he did do a good job in salvaging BLR and getting funding for Monterey. Both these projects are still there so my investment is not effected as such. If the market had not liked that news they would have marked down BLR immediately it was released.
IMHO.

skyhigh - 25 Oct 2006 18:08 - 744 of 1049

Be interesting to see which way the sp goes now....logical reason for him going would be there's bad news due and he has fallen on his own sword or he was pushed..if things were going according to plan then there would be no reason for him to go as no scapegoat needed... must be something else going on !

Rutherford - 25 Oct 2006 18:42 - 745 of 1049

According to other bulletin board there is nothing untoward going on. Big share holder who had spoken to Ivan at the weekend has sold none of his shares. They hold over 3%.

soul traders - 25 Oct 2006 20:22 - 746 of 1049

Wowsers! bye-bye Ivan! A big hand to him for getting things on track in Colombia and the North Sea; hopefully things will get even better under the new man at the helm.

smiler o - 25 Oct 2006 20:27 - 747 of 1049

soul T yes lets hope so :)
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