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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

Looks like rising sp, as news breaks on Northern petroleums drilling on the IoW, for which they have an interest

This jump in s.p. happened around 2p.m. and NOPhad nosudden rise around 2p.m.,so maybe to do with oil drilling in Columbia ,Bukhara or Arce.

Black Rock Oil & Gas PLC
24 August 2005


FOR IMMEDIATE RELEASE 24 August 2005

Black Rock Oil & Gas plc

(or 'the Company')

Drilling Update

COLOMBIA - Testing of Arce 3 Appraisal Well

Testing of the Arce 3 appraisal well, which originally was drilled in July 2003,
commenced on 23rd August. Operations are planned to last for at least eight
days.

Arce 3 was drilled to a total depth of 2,936 feet and encountered the reservoir
objective 80 feet higher than had been expected. Oil shows were recorded while
drilling and from wireline logs from a depth of 2,600 feet in the Mugrosa
Formation reservoir sandstones. The well was then completed for testing and has
been awaiting the arrival of equipment for this purpose.

Arce 3 is an appraisal to the nearby Arce 2 well, which flowed 13 degree API
gravity oil at rates of up to 60 barrels per day, and the earlier Arce 1
discovery well. Following the results of the Arce 3 testing, a decision will be
made on a pilot steam flood project which could significantly increase flow
rates. The Arce field has estimated gross recoverable reserves of about five
million barrels of oil and, in the event of successful testing, could be on
stream by late 2005 or early 2006.

Black Rock has 50% equity in this project and the Company will provide updates
as significant events occur.

SOUTHERN ENGLAND - Sandhills 2

Black Rock Oil & Gas plc is free carried through the drilling of this well.
Drilling operations therefore are not a cost to the Company which has a 5%
interest in this project.

Sandhills 2 is being drilled onshore on the Isle of Wight on licence PEDL 098.
The well has been drilled to a measured depth of 4,185 feet and electric logs
have been run. The operator has advised that the well encountered oil shows over
a 57 ft interval of true vertical thickness with calculated oil saturations of
up to 38%.

Following intersection of the Great Oolite at a greater depth than expected,
Sandhills 2 has been cemented back to the 9 5/8' casing shoe at 2,026 feet. Oil
saturations reported in the well, together with wireline log evaluation
undertaken for the Operator and evaluation of the seismic data, indicated an oil
column could be trapped within the Sandhills structure. As a consequence, a
sidetrack operation, designed to test this possible oil column, is now underway;
the Sandhills 2Z sidetrack well commenced drilling from a depth of 2,026 feet on
22nd August.

For further information, please contact:

Black Rock Oil & Gas plc
Ivan Burgess, Managing Director Tel: 020 7544 5677
Mobile: 07909 548469


Mono

Not sure what it all means... must be good I would think ?.

Anyone any views ? summary etc.,

Some very heavy purchases today. The testing in Colombia should have finished in the last day or two.
Maybe some good news has sneaked out !!!

K******

Yes, Let's hope it's exceptionally good news ! SP is looking good. I also hear that there was a mention in Shares mag today ?

Hey guys how far do you think this one could go if and when we get some good news. ??

Aldor3... no idea mate... depends on how good the news is !
Lets say 6p/7p

I'm getting excited now.

it's not looking too bad is it ! The're going mad on the advfn BB on BLR

still looking good... up another 1/4p and more this morning so far!

I dont know what the MMs are playing at placed an order to buy 1m @2.50 did not get it, had to split my orders in 3 & got it @ 2.48. When are we expecting the latest RNS.

could be Monday I hear...but it's not confirmed

This is a good buy for longterm. Dont get in if you are looking to make some quick money.

ok

Any ideas why the price is being held back???

Been holding mine for over 2 years & going to keep holding.. Had A small profit for quite a while now but will hold for the big one..

According to the latest RNS, the Arce field has estimated gross recoverable reserves of about five million barrels of oil. If the testing is successful, the result of which we should know soon, the potential for SP will be huge as the analysts are expecting oil price to hit $100. Please see analysis of the oil & gas sector "Oil prices at 100 usd/barrel no longer unthinkable in wake of Katrina" http://www.afxnews.com/about488/index.php?lg=en&c=00.00&story=1280037

We are still awaiting the results on Bukhara, as we know they found oil but might be too expensive to produce.

Morning gents

Talked with Ivan Burgess yesterday evening on the phone nice bloke seems quite open.

Asked what he thought about the Tips article. He thought the author had as journalists do use a bit of creative mathematics. He had not got the quoted figures from Ivan his point of view is that the 5 million for Arce still holds the field he did point out he was surprised to get 80 feet more oil in Arce 3 as he thought there would be less.

He was also aware that people where expecting an RNS yesterday. He would like to put out information but will not until he is absolutely positive of the numbers. To this end he is waiting for flow results from Columbia once these arrive he will do his own calculations and publish. The hold up seems to be in communication he indicated he was having a very tough time getting through on the telephone and still had not received them as of 17:30 last night. I did ask if we would have any news this week and he confirmed we would.

Regards