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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

explosive - 18 Jul 2007 15:07 - 991 of 1049

Not gone, I just think that most of us don't check this stock on a daily basis, I know I don't. Just noticed the rather sharp rise and RNS. Looks good to me and will continue to hold no matter what the outcome.

austing2253 - 19 Jul 2007 10:56 - 992 of 1049

Yes, me too. I bought 100k before the 50:1, and will keep for the long term. Just view it as a long shot bet. But do keep an eye on them. Good luck to everyone still holding these BLR shares.

moneyman - 22 Jul 2007 21:54 - 993 of 1049

LOL

cynic - 14 Jun 2007 10:32 - 968 of 992
the company is still crap!
any more comment required?
skyhigh - 14 Jun 2007 10:39 - 969 of 992
cynic, it's worse than crap!
cynic - 14 Jun 2007 10:42 - 970 of 992
i was being sensitive to the feelings of the mug punters who still hold in vain hope

cynic - 23 Jul 2007 11:13 - 994 of 1049

is there any reason to change that view? ...... is strongly suspect not!

explosive - 23 Jul 2007 23:04 - 995 of 1049

No point suspecting cynic, your either in or not. If the shares so crap why don't you short it? I can see more value here than in the likes of CHP or whatever its calling itself now.

cynic - 24 Jul 2007 08:30 - 996 of 1049

just as one doesn't buy every share that jumps, not should one short every share that dumps ...... am happy to remain short of SOLA; made a good amount shorting BFC and wopuld have made much more had i been able to re-open that position at 18 (no stock available); shall certainly short DOW when it approaches 14400 and Cable at about 20700 ....... other than that, am pleased to have taken profits in a number of stocks over the last week or so with the intent of buying back at lower levels = poor man's shorting!

Rutherford - 27 Jul 2007 15:36 - 997 of 1049

Moving up for no apparent reason as yet. Could we have some good news on the way after hours as is the way with Black rock?

explosive - 02 Aug 2007 16:09 - 998 of 1049

Another good rise, somethings got to be happening..

SECRUOSER - 02 Aug 2007 17:47 - 999 of 1049

Looking great.

Some nice buying in the last 15 minutes - 80,000 worth. Looks like that small drop was pure bluff.

Rutherford - 02 Aug 2007 19:05 - 1000 of 1049

Should have results of Acacia around next Wednesday according to III discussion board. Looking good at moment.

SECRUOSER - 03 Aug 2007 10:05 - 1001 of 1049

Tuesday is the 20th day, so should be out by then.

SECRUOSER - 03 Aug 2007 14:24 - 1002 of 1049

Blast off!

capetown - 03 Aug 2007 18:24 - 1003 of 1049

Sold mine some months ago at breakeven,i WISH ALL HOLDING an EPLOSIVE move NORTH,

SHUDDAWUDDACUDDA!!!!

Good luck!

capetown - 03 Aug 2007 18:25 - 1004 of 1049

eplosive should read EXPLOSIVE!!

explosive - 03 Aug 2007 21:25 - 1005 of 1049

Here, here!!

explosive - 03 Aug 2007 21:26 - 1006 of 1049

LONDON (Thomson Financial) - Black Rock Oil & Gas PLC said its joint venture operator Kappa Resources Colombia Ltd has drilled an Acacia Este exploration well in the Las Quinchas Association contract, Colombia, to a depth of 3,970 feet.
Kappa is currently conducting mechanical pump tests of the two test zones and Black Rock will make an announcement of the test results when these are released by Colombian state oil company Ecopetrol.

graylyn2 - 04 Aug 2007 15:26 - 1007 of 1049

volume climbing.........looking good, removed my last comment as it appeared to ramp, getting over-excited!

big.chart?symb=uk%3ABLR&compidx=aaaaa%

graylyn2 - 04 Aug 2007 15:42 - 1008 of 1049

From UK-Analyst.com: Friday 3rd August 2007

Black Rock Oil & Gas (BLR) shares firmed 5p to 53p after positive news from its joint venture operator Kappa Resources Colombia pleased investors. The company said it had drilled an Acacia Este exploration well in the Las Quinchas Association contract, Colombia, to a depth of 3,970 feet. Kappa is currently conducting mechanical pump tests of the two test zones
and Black Rock is now expected to make an announcement of the test results when these are released by Colombian state oil company Ecopetrol.

graylyn2 - 05 Aug 2007 11:21 - 1009 of 1049

May 2007 research report, gives a good insight, could be a little gem this imho.

http://www.blackrockoil.com/investor/broker/020507_vsa.pdf

this paragraph (taken from the above link ) shows the possible short term value of Black Rock..............

"If we take the average value assigned by the stock market
for the reserves of the six companies in our universe that
resemble most closely Black Rock, namely, Emerald Energy,
Global Energy Development, Solana Resources,
PetroLatina Energy, Petrominerales Ltd. and Pacific Stratus
Energy of 8.27/bbl, then Black Rocks risked 5.48m bbls
reserves would be valued at 45.3m. It is clear that the
market is undervaluing Black Rocks potential".


Issued Capital

Number of Ordinary Shares - 21,031,837 ordinary shares (quoted)

present mkt cap @ 53p per share = 11.15m the 45.3m fig above would see us at 2.15p per share. hmm food for thought!

oilwatch - 30 Aug 2007 10:12 - 1010 of 1049

Black Rock Oil & Gas PLC
30 August 2007


For immediate release 30 August 2007


Black Rock Oil & Gas Plc
Acacia Este Oil Discovery - Interim Well Testing Results
Change of Broker


On 18 July 2007 Black Rock Oil & Gas Plc ('Black Rock' or the 'Company', stock
code: BLR), the AIM-traded oil and gas exploration and production company,
announced that the Acacia Este 1 exploration well in the Las Quinchas
Association Contract in Colombia (the 'Acacia Well') had been drilled by its
joint venture operator, Kappa Resources Colombia Limited ('Kappa') to a total
depth of 3,970 feet. Fair to good oil shows were encountered whist drilling the
target Lower Mugrosa Formation.

The Directors of the Company are delighted to announce that testing is ongoing
at the Acacia Well and production reached a rate of 101 barrels of oil per day
with only 5% bottom sediment and water at standard conditions on 24 August 2007.


The Acacia Well was produced by artificial lift using mechanical pumps.
Initially on 12 August 2007, the pump was set up with a stroke length of 84
inches and a slow rate of 1 stroke per minute ('spm') in order to reduce the
risk of sand inflow from the sandstone reservoir into the wellbore. Once
completion fluids were removed from the Acacia Well and oil began to flow on 21
August 2007, the stroke rate was increased in order to determine the optimum
recoverability before sand inflow occurred. The fluids were recovered to tanks
and measurements of the oil were corrected volumetrically to standard
conditions. Analysis of the oil indicates that it has the slightly lighter
gravity of 16degreesAPI compared with the nearby Arce Field.


Currently the Acacia Well is being pumped at 3 or 4 spm and as long as the
solids production remains stable, this may be increased to 5 spm until the end
of this phase of the test, expected to occur on 31 August. Subsequently the well
will be put onto a stabilized production rate for 5 days prior to a 5-10 day
shut-in to allow a pressure build up test to be conducted by the operator.


Once this early testing phase is completed, the joint venture will evaluate
various options for the rapid appraisal of the Acacia Este structure including
conducting a long-term production test, drilling additional appraisal wells and
collecting additional seismic data.


A further announcement will be made on completion of the testing programme.


Black Rock is also pleased to announce the appointment of Hanson Westhouse
Limited as Broker to the Company with immediate effect. As announced on 8 June
2007, given the well drilling programme planned for Colombia in 2007 and the
Company's general working capital requirements, the Company will require
additional funding.


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


'The results of the testing to date are excellent and are considerably in excess
of previously announced cold flow tests on the nearby Arce 3 and Arce 4 wells
where well test productivity was approximately 30 barrels of oil per day. Acacia
Este is now considered by the Directors to be a highly significant discovery for
Black Rock. Further evaluation of the full well test results will be conducted
over the following weeks before plans for a rapid appraisal of the field are
prepared'






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.



For further information, please contact:

Black Rock Oil & Gas Plc Tel: 01189 001350
Dr John Cubitt, Managing Director www.blackrockoil.com
----------------------
Peter Kitson, Finance Director

Beaumont Cornish Limited Tel: 0207 628 3396
Michael Cornish

Aquila Financial Limited Tel: 0207 202 2600
Peter Reilly

Hanson Westhouse Limited Tel: 0207 601 6100
Tim Feather / Matthew Johnson



Notes to Editors:


Black Rock Oil & Gas Plc, headquartered in the UK, is an AIM listed (AIM:BLR)
exploration and production company with licences in the Middle Magdalena Valley,
onshore Colombia and the Southern Gas Basin of the UK North Sea.


Colombia:

Black Rock has Joint Ventures with Kappa Resources Colombia Limited (Kappa) in
the Las Quinchas Association Contract and the Alhucema E&P Contract, both
situated in the prolific hydrocarbon basin of the Middle Magdalena Valley.


Operated by Kappa, and following completion of its farm-in obligations, Black
Rock's 50% interest in the Las Quinchas Association Contract is subject only to
approval of the transfer of the interest by the state oil company, Ecopetrol.


The Las Quinchas Block, contracted with Ecopetrol that has a 50% back-in right
on any project within the Association Contract area, contains the Arce and Baul
heavy oilfields and a number of exploration prospects including the Acacia Este
oil discovery, Chicala Este, La Linda, Bukhara and La Tolda. The Arce oilfield
contains heavy oil and is currently undergoing a steam injection test to
determine commerciality and development options.


The Alhucema Block, immediately to the North of the Las Quinchas Block contains
a number of prospects and leads and one well is planned on the Juanes prospect
later in 2007. A 2D seismic programme was undertaken in 2006.


United Kingdom:

Black Rock has a 15% interest in two adjacent license blocks (49/8c and 49/9d)
situated in the Southern Gas Basin of the North Sea. Block 49/8c contains the
Monterey Gas discovery and the Stinson and Winchester prospects.

The joint venture has applied to extend the license for another four years in
order to undertake studies with the aim of improving the marginal economics of
the Monterey discovery. A 50% relinquishment will be required if the license
extension is approved.

www.blackrockoil.com


ENDS

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