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

Grim isn't it !

edited - i found the answer i was looking for

sorry, but this company and its product (heavy oil) have always been very unsexy .... Cassandra told you several times before

With thanks to

gizmot1000 - 21 Mar'07 - 16:35 - 5831 of 5831


heres a good find i feel http://offshore247.com/news/article.asp?Id=7213&catname=Field/development

Monterey gas to Windermere

Friday, March 9, 2007

Development of the UK Monterey gas discovery in the Southern North Sea is looking increasingly likely as a tieback to the Windermere platform with output exported to The Netherlands.

Operator Wintershall Noordzee is considering the Windermere tieback option after making the discovery last year and a development plan is likely to be put to field partners this summer.

Partner Black Rock Oil and Gas has said that is the development route being examined by Wintershall after drilling the discovery which spans UK blocks 49/8c and 49/9d discovery last year.

Monterey is about 15 km (9.3 miles) west of the Windermere gas platform and south of the Schooner and Ketch gas fields, in a water depth of 35 M (114 ft).

Monterey is estimated to contain around 165 Bcf of gas although that figure has not been verified by independent analysis.

The Monterey field, originally drilled in 1989, was estimated by Carrizo (based on analysis then provided by the field operator, Wintershall Noordzee) to contain 165 billion cubic feet of gas reserves, although no formal resource or reserve has yet been prepared under any of the accepted standards and this figure has not been independently verified by the company, Black Rock, which has a 15% stake in part-blocks 49/8c and 49/9d, declared today.

The field operator is currently undertaking detailed technical evaluation of the well results and simulation of various development options to put to the Joint Venture Partners during the summer of 2007. Amongst the options being considered is to drill one or more horizontal producers. Typically, such wells will have horizontal sections of 500m (1,640 ft) or more in order to obtain commercial rates and the well may also require hydraulic fracturing. If developed, the field operator is considering piping the gas to the nearby Windermere and Markham Fields and from there to the Netherlands, the companys chairman Tony Baldry informed shareholders.

Black Rock Oil & Gas PLC
23 March 2007


For immediate release 23 March 2007



Black Rock Oil & Gas plc (the 'Company')
Director's Dealings

The Company has been notified today that Peter Kitson, Finance Director has
today purchased 1,528,510 ordinary shares of 0.5p each in the Company (the
'Shares') at 0.65p each. This number of shares represents Mr Kitson's total
holding, or 0.15% of the Company's total issued share capital.


ENDS

If anyone knows anything about the financial prospects of the company, surely it must be the Finance Director?

Mind you, history proves that the logic in that particular arguement is not always a good indicator!!

Still only a very small holding for a director, could be tokenism??

Maybe so, however someone else has dipped in with a 4,000,000 Buy this morning, precipitating a bit of activity :)

Topped up with 500000 this morning with the bid at 0.6p and the offer at 0.7p and set a fill or kill at 0.65p and to my amazement i bought at 0.61p which is showing as a sell as are most trades today.Could someone explain why they let me have them at this price because i think even T.D.Waterhouse are confused.

perhaps because general consensus is right that company has little or no future so delighted to get some shares off their books! ...... more realistically, because there was a seller happy to accept your offering

Typical Black Crock ! bid falling back, it's sooooo predictable !

Buyers coming back in after todays news. problem with some of you Guys is that you want results tomorrow and arenot prepared to wait !

You took the words right out of my mouth moneyman,next 2 months will hopefully bring about a rerating of this stock.

errr! we have been waiting a long and.... from a much higher price.. we have right to be impatient!

Pisces, I really can't see this stock being rerated in the next two months, nor three or four. Confidence is a fine thing and I'd be happy to hear why your expecting a rerating when I think most of us would just like to test the pennys resistance.

why should anyone keep waiting? ..... confess i have been saying this about this stock for many a long month ..... but to repeat in simple English ... imo (of course!) this company is crap along with CHP, SEO, VOG and a few others

So why post here if you have no interest ?

Cos you can post anywhere you like, that's what BBs are for. A contrary opinion adds balance, rather than the blinkered view usually adopted by most holders of a stock (me included).

pth

"this company is crap"

sorry that's not a contrary view !

It's amusing that BLR keep saying that they only take on safe acreage! How many dry holes now,how much cash left and how many more shares will have to be issued to keep them going?