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Re: I Like Bottom Fishing post# 10929

Friday, 06/20/2008 8:39:16 AM

Friday, June 20, 2008 8:39:16 AM

Post# of 23155
BDGR News Black Dragon Gross Shipments of Oil Exceed $600,00...
Thursday, June 19, 2008 9:06 AM

From:
"StockAlerts@scottrade.com" <StockAlerts@scottrade.com>
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News for 'BDGR' - (Black Dragon Gross Shipments of Oil Exceed $600,000 in Value During May 2008)


OIL CITY, La., Jun 19, 2008 (BUSINESS WIRE) -- Joseph Lanza, President of Black
Dragon Resource Companies, Inc. (BDGR: PinkSheets), announced today that the
Company shipped over 4,800 gross barrels of oil during May and 2.8 million MCF
of gas, which equates to an additional 398 barrels of oil. The total value of
these shipments is a gross of $600,000 from which are deducted the payments of
working and royalty interests due to other owners to arrive at Black Dragon's
revenues.

Mr. Lanza also stated that negotiations are ongoing with various potential, new
management teams and that he is confident that a definitive agreement will be
reached, in principle, prior to the end of June.

About Black Dragon Resource Companies, Inc.

(www.black-dragonoil.com) Black Dragon specializes in increasing the production
of crude oil and natural gas from wells whose production amounts to 15 barrels
of crude oil or less per day. The reduced production of these wells, a result of
abandonment or plugging because of dropping prices of crude oil through the
1980s, represents a significant opportunity to capitalize on local resources,
while lessening domestic dependence on foreign oil. Black Dragon continues to
acquire wells in the oil-rich regions of Louisiana and Eastern Texas, augmenting
its portfolio to over 400 operating oil wells.

Forward Looking Statements:

Safe Harbor statement under the Private Securities Litigation Reform Act of
1995: Except for historical information contained herein, the matters discussed
in this press release are forward-looking statements that involve risks and
uncertainties, including but not limited to economic, competitive, governmental
and technological factors effecting the Company's operations, markets, products
and prices and other factors discussed in the Company's various filings with the
Securities and Exchange Commission.

SOURCE: Black Dragon Resource Companies, Inc.



CONTACT: Black Dragon Resource Companies, Inc.Mr. Joseph Lanza, President318-995-0404http://www.black-dragonoil.com




Copyright Business Wire 2008

-0-




KEYWORD: United States

North America

Louisiana

INDUSTRY KEYWORD: Energy

Oil/Gas

Natural Resources

Other Natural Resources

Source: Comtext Market News
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