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

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.!

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.

Charts now in header.

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.

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.

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.

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

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

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.

bloody hope so

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.

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.

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 !

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%.

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.

soul T yes lets hope so :)

Well, I was just thinking that at present my investment in BLR is cruising at about 35% below what I paid for it (which unfortunately means the SP will have to rise by 50% to get me back in the clear!).

However, if I had any spare cash to spend on oilers, this would be one place I'd be inclined to put it.

well I still have a lot with AEN and Oxs so i would split what LITTLE cash i got with BLR and GTL i think ??

soul traders: I am going to wait for a couple of days to see how things settle after the announcement and then top up. No advice intended.

Ruthers, I am sure you're doing the right thing.