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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

moneyman - 05 Jun 2007 20:04 - 963 of 1049

There was news today !

micky468 - 05 Jun 2007 20:30 - 964 of 1049

the news out today on Black Rock oil makes (seo) look good

moneyman - 05 Jun 2007 22:12 - 965 of 1049

Why ? Many didn't want more dilution wich is what would have happened if they had gone ahead.

austing2253 - 13 Jun 2007 08:34 - 966 of 1049

Can anyone explain what the net effect of the share consolidation and reorganisation will have on the SP. Will it be worthwhile holding onto these shares after the reorganisation as they say that 24p of the 25 p will be held in deferred shares which will be worthless?

I don't understand why BLR advise this to be beneficial? Sounds to me like a gross devaluation and shareholder loss.

I would be grateful if anyone can advise what the likely effect of this reorganisation will be.

Thank you.

Gerry

austing2253 - 14 Jun 2007 09:55 - 967 of 1049

News of share reorganisation at the following link.

http://www.blackrockoil.com/investor/releases/080607.pdf

Any coments from anyone?

cynic - 14 Jun 2007 10:32 - 968 of 1049

the company is still crap!
any more comment required?

skyhigh - 14 Jun 2007 10:39 - 969 of 1049

cynic, it's worse than crap!

cynic - 14 Jun 2007 10:42 - 970 of 1049

i was being sensitive to the feelings of the mug punters who still hold in vain hope

skyhigh - 14 Jun 2007 10:44 - 971 of 1049

thanks! I'm one of the mug punters still holding in vain ! serves me right doesn't it!

cynic - 14 Jun 2007 10:46 - 972 of 1049

sure do! ..... though i did not have the balls to short this stock, i have been saying for many months that these super-viscous heavy oils are bad news in all sorts of ways as are the companies that try to extract them

Darradev - 14 Jun 2007 10:55 - 973 of 1049

Sky, Hi.

I got out yesterday at a loss, should have done it sooner but got caught in the 'headlights of hope'.

Anyway, for what it's worth I have had two share consolidations in my portfolio in the last year and each has resulted in a post consolidation position at least 40% lower in share value from the time the consolidation notice was posted. Not saying that this will happen here, but I am not willing to take that chance. I will watch from the sidelines for now and put my money to better use in the near term.

Rutherford - 14 Jun 2007 12:03 - 974 of 1049

Just to put a bit of balance into the share consolidation deal. I have held NOP from before their consolidation of 1 for 5 and have been very happy with the outcome regarding that one and hopefully this may end up the same way although undoubtedly a bigger gamble than NOP.

skyhigh - 14 Jun 2007 12:15 - 975 of 1049

Just sold my lot..had anough..lost too much already, should have done it along time ago.. now looking for a new home for my measly 600..
good luck to those staying with BLR

cynic - 14 Jun 2007 12:16 - 976 of 1049

vialogy may be worth considering

johnstonp - 14 Jun 2007 15:36 - 977 of 1049

access intelligence is better and at least they make a profit. definately getting out of oil explorers and into data storage and solutions (ACC) just bought at 5.71

skyhigh - 14 Jun 2007 15:42 - 978 of 1049

Already in ACC, having topped up recently...5.71 is a good sp to get in at for these...good company and ready for lift - off ! (imho).

For better or worse I've stuck my BLR 600 preceeds into SFX.. the're currently running at a discount to a recent .005p placing so I topped up on them.. should get news soon on disposal and new direction..they can only improve (imho)

cynic - 14 Jun 2007 15:44 - 979 of 1049

sky+john ..... go to the ACC thread and have a look at the VILE chart now attached

mcmahons - 15 Jun 2007 09:27 - 980 of 1049

Legged it out of this lot last week, 'sooner rather than later would have been the better option'.
On the conslidation front I have seen three of my shares over the last 2 years in this postion.
The result has been poor consolidation position at least 45% to 30% lower in value.
I am sure that some consolidations must go against the norm i.e lower value but for me this one looks even worse.
More lucrative shares else where.

moneyman - 03 Jul 2007 08:27 - 981 of 1049

RNS Number:5005Z
Black Rock Oil & Gas PLC
03 July 2007


For immediate release 3 July 2007


Black Rock Oil & Gas PLC

Drilling Update


Black Rock Oil and Gas PLC ("Black Rock" or the "Company"; stock code: BLR), the
AIM-listed oil and gas exploration and production company, announces that the
Acacia Este exploration well in the Las Quinchas Association Contract in
Colombia was spudded by its joint venture operator, Kappa Resources Colombia
Limited ("Kappa") on Saturday, 30 June 2007 and drilling operations are
underway.


Acacia Este is a low-risk prospect on trend with the Arce Field that is
currently under long-term production test. Other fields on trend include the
prolific Chicala and Velasquez fields. The Directors expect the well to take
20-30 days to drill, test and complete.


The Directors of Black Rock believe that Acacia Este is one of the best
exploration prospects in the Las Quinchas Association Contract. If the Acacia
Este well is a discovery, Black Rock will propose to Kappa the implementation of
a fast-track appraisal programme to define the boundaries of the prospect and
prove up the reserves ahead of a full commercial development.


As announced earlier this year, Black Rock has now fulfilled all its obligations
under the farm-in agreement with the field operator, Kappa, for the Las Quinchas
Association Contract in Colombia and is now working with Kappa to submit an
application for the assignment of its 50% interest for consideration by
Ecopetrol, the National Oil Company of Colombia.


Dr John Cubitt, Managing Director of Black Rock Oil & Gas plc, commented:


"The spudding of Acacia Este has been eagerly awaited as it represents a
potentially high impact exploration prospect. It forms part of an extensive
portfolio of exploration and appraisal prospects in Colombia that Black Rock is
currently evaluating with our joint venture partner, Kappa."



Qualified Person


Dr John Cubitt (a Director of the Company) has been involved in the oil and gas
production industry for more than 26 years. Dr John Cubitt is a registered
Chartered Geologist (CGeol) and has a BSc and PhD in geology. He has compiled,
read and approved the technical disclosure as it relates to Black Rock in this
regulatory announcement.

micky468 - 03 Jul 2007 20:25 - 982 of 1049

There looks like there could be some good news to come... lots going on at the moment. abig hit thus all the busy little bees

3 July 2007

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

Board Appointment


The Board of Black Rock (stock code: BLR), the UK-based exploration company, is
pleased to announce today that it has appointed Christopher (Chris) Robertson
Kinley Moore (aged 52) as a Non-Executive Director of the Company with immediate
effect.

Chris Moore is currently a Managing Director at Moyes & Co., Inc., in Dallas,
Texas, which provides global energy consulting.

Chris Moore's industry career started with BP as a Geologist in Aberdeen, London
and Tunis. He joined Tricentrol in London in 1980, working on a wide variety of
international projects. In 1988 he joined ARCO, initially as Planning Manager
for ARCO British in London. He subsequently held a variety of positions with
ARCO's international organization in Plano, Texas, with assignments in
exploration management, global exploration evaluation, upstream financial and
strategic planning and economic analysis. His last position with ARCO was
Manager, China Asset Development Team.


Chris Moore joined Moyes & Co in 2000 after BP acquired ARCO.

Chris Moore read Natural Sciences at Cambridge University. He received his BA
(Hons) in 1975 and MA (Cantab) in 1979. Chris is a Fellow of the Geological
Society of London and a member of the Association of Intenational Petroleum
Negotiators ("AIPN"), Society of Petroleum Engineers ("SPE") and American
Association of Petroleum Geologists ("AAPG").

Chris Moore has held directorships in the following companies and / or
partnerships in the past five years:


Current Directorships / Partnerships Former Directorships / Partnerships

British American Natural Gas Corporation None.


Moyes & Co has provided technical and commercial advice to Black Rock in
relation to oil exploration and development opportunities and is expected to
continue to do so on the basis of its existing normal commercial arms length
terms.

There are no further details in relation to the above appointment which require
disclosure under paragraph (g) (iii) to (viii) of Schedule 2 to the AIM Rules.


Chris Moore has no current interest in Black Rock's ordinary share capital.

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