BGOI is not in Italy!!!
Latest info was from a year ago.
9/8/2010
Bonanza Oil & Gas Inc announced that the Company has entered into an Exploration Agreement on its Apclark Field properties with Blacksands Petroleum Texas, LLC., an affiliate of Blacksands Petroleum, Inc. Bonanza and Blacksands anticipate the drilling of multiple wells to fully develop the Apclark Properties in Borden County, Texas. The primary objective of this agreement is to further the Company's oil development of the Apclark Field properties in Borden County, Texas.
No news since.
Blacksands has been uplisted the last I knew.