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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Black Rock Oil | LSE:BLR | London | Ordinary Share | GB00B1YW2916 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.125 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:3294T Black Rock Oil & Gas PLC 29 April 2008 For immediate release 29 April 2008 Black Rock Oil & Gas PLC Arrinconada Drilling Update Black Rock Oil and Gas PLC ("Black Rock" or the "Company"; stock code: BLR), the AIM-traded oil and gas exploration and production company, previously announced that its joint venture operator, Kappa Resources Colombia Ltd ("Kappa") commenced preparation for drilling of the Arrinconada 1 exploration well in the Alhucema E&P Contract in Colombia on 8th April 2008. Following a short drilling program, Arrinconada 1 reached basement at 2222 feet True Vertical Depth on 20 April 2008. No significant hydrocarbon shows were recorded whilst drilling the objective formations. The Operator completed drilling and logging of the well and then abandoned the well on 26 April 2008. The Joint Venture will now consider the next steps in the exploration of the Alhucema Block. The cost of the Arrinconada well was covered under the conditional investment made by Prospero Hydrocarbons Inc and announced on 4 March 2008. Dr John Cubitt, Managing Director of Black Rock Oil & Gas plc, commented: "We are assessing the sonic log from the Arrinconada 1 well in conjunction with the current 2D seismic grid, and will evaluate the need for additional seismic to refine structural mapping of the many remaining leads in the large Alhucema E &P Contract area" Qualified Person Dr John Cubitt (a Director of the Company) has been involved in the oil and gas production industry for more than 28 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 01189 001350 Dr John Cubitt, Managing Director www.blackrockoil.com ---------------------- Beaumont Cornish 0207 628 3396 Michael Cornish This information is provided by RNS The company news service from the London Stock Exchange END DRLEAELNASEPEFE
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