this one is in a golden cross? Review-12-30-2009 — Black Dragon Resource Companies, Inc. (BDGR) BAILEY STEPPED DOWN AS CEO; HE IS STILL CONSULTING WITH MGMT. HE REALLY WANTS TO OWN THIS COMPANY. CREDITS RUN VERY HIGH FER MR. BAILEY THROUGH HIS EXPERIENCES. forum;http://www.black-dragonoil.com/ [-chart]www.black-dragonoil.com/images/map.png[-/chart] "The onshore Gulf Coast oil and gas producing region of Louisiana, Mississippi, and Texas District 3 has 36 Billion barrels of oil which will be left in the ground following the use of today’s oil recovery practices. A major portion of this ‘stranded oil’ is in reservoirs technically and economically amenable (EOR) using carbon dioxide (CO2) injection." Investment Highlights Black Dragon has proven to be an innovative leader in the mature domestic oil and gas industry. The company is noted for its domestic oil and gas assets located in the Caddo Pine Island region of Louisiana. According to a March 2005 Department of Energy report of the major oil fields in Louisiana, Caddo Pine Island contains 2.06 billion barrels of Remaining Oil In-Place (ROIP), the richest field in the Onshore Gulf Coast basin. The company has no exploration risk. Black Dragon's portfolio contains an ever-increasing number of producing wells. The outlook for energy prices continues to be positive. Favorable governmental environment exist to increase domestic production.
GLOSSARY; Bbl: Barrel Bbls: Barrels MMBbls: Million Barrels Bpd: Barrel per day Mbpd: Thousand barrels per day Bopd: Barrels of oil per day Mbopd: Thousand barrels of oil per day Bcf: Billion cubic feet Bcfe: Billion cubic feet equivalent Bcfpd: Billion cubic feet per day BOE: Barrel oil equivalent Boepd: Barrels of oil equivalent per day MMBTU: Million British thermal units MMBTUpd: Million British thermal units per day BTU: British thermal units BTUpcf: British thermal units per cubic foot MMBoe: Million Barrels of oil equivalent LPG: Liquified Petroleum Gas Mcf: Thousand cubic feet MMcfepd: Million cubic feet equivalent per day MMcfpd: Million cubic feet per day Tcf: Trillion cubic feet Tcfe: Trillion cubic feet equivalent GAL: Gallon MMGal: Million Gallons Kwh: Kilowatt hour MW: Megawatt
OFFICERS AND DIRECTORS; Mr. Scott D. Smith, Chief Executive Officer and Board Chairman
Mr. Smith has a Petroleum Landman background, working for multiple major oil companies on a contract basis in the Barnett Shale, various places in East Texas, and most recently in the Haynesville Shale. He worked closely with his predecessor, Dr. Bailey, to implement major changes to improve profitability and reduce costs for the company. He was directly recommended by Dr. Bailey for this position due to his extensive knowledge of Black Dragon’s leases and ownership, as well as his leadership abilities. He is a life long resident of the greater Houston area, and attended Texas Tech University in Lubbock Texas. He is highly experienced in oil and gas lease negotiations, and title issues associated with acreage acquisition.
Thomas Neeley, Secretary and Director
Served in the US Army from 1946 until issued Honorable Discharge in 1948. Attended Multnomah College-Portland, Oregon and Lewis & Clark College-Lake Oswego, Oregon in 1948-1951. Served as City of Portland Traffic Engineer from 1952 until retirement in 1983. Since retirement has served as Director and or Officer of several corporations including Maesa Petroleum, Inc., OMDA Oil & Gas, Inc. and Black Dragon Resource Companies, Inc.
---------------------------------------------------------------- Oct. 30, 2009, 12:06 p.m. EDT http://www.marketwatch.com/story/black-dragon-announces-new-officers-2009-10-30 Black Dragon Announces New Officers announced that Chairman and CEO Dr. Gerald R. Bailey tendered his resignation on October 26, 2009 in order to assume immediate responsibility as CEO for a major oil company. While he was CEO, Dr. Bailey set the tone for a new direction at Black Dragon. The policies and initiatives instituted by Dr. Bailey are designed to frame the blueprint for a much stronger company. His plans and objectives the Company's shareholders can expect will continue to be implemented. Dr. Bailey noted that under his leadership, the Company's financial statements are current, a Disclosure Statement was posted on Pink Sheets, the operating costs have been reduced significantly, new leases have been acquired, an audit and a reserves report are both scheduled to be completed very soon and new drillings will commence in the very near future.
Director Thomas Neely regretfully accepted Dr. Bailey's resignation, but the Board of Directors took swift action in appointing Dr. Bailey's principal assistant as the new Chief Executive Officer, Mr. Scott D. Smith.
Mr. Smith joined Black Dragon right after Dr. Bailey and has worked closely with him in formulating the plans to turn Black Dragon around. Mr. Smith was also instrumental in developing the necessary information to evaluate the assets of the Company, the cornerstone of all future plans.
Mr. Smith is a life-long resident of Houston, Texas, has been involved in the oil and gas industry for several years, and attended Texas Tech University in Lubbock Texas. Mr. Smith has been appointed Chairman of the Board of Directors and CEO with full executive authority over the affairs of the Company and stated that he intends to continue to operate under the guidelines and policies established by Dr. Bailey himself and pledges to move the Company forward aggressively with this plan.
Resignation letter submitted by R. G. Bailey to Tom Neely, Secretary of Black Dragon:
scenario; mr. bailey is an important spokesman here fer BDGR.
Black Dragon Announces New Officers 11:06 a.m. Oct. 30, 2009 - GlobeNewswire
974100352 Black Dragon Moves Forward on Acquisition, Releases New Photos and Full Disclosure and Updates Shareholders 3:58 p.m. Oct. 27, 2009 - GlobeNewswire
973984308 Black Dragon Announces Acquisition of Additional Operating Company to Increase Revenues, Growth, and Shareholder Value 7:06 p.m. Oct. 26, 2009 - GlobeNewswire
973633996 Black Dragon Proceeds With Drilling on Caddo Parish Gas Wells But Unable to Proceed on the Humble Project 6:01 a.m. Oct. 22, 2009 - GlobeNewswire
973590637 Black Dragon Announces Financial Reporting Update and Releases Oil/Gas Well Production Photos 7:42 p.m. Oct. 21, 2009 - GlobeNewswire
Black Dragon Releases Positive Update and Information on Adjacent High Production Discoveries 6:01 a.m. Oct. 21, 2009 - GlobeNewswire
973274437 Black Dragon to Close on Participation in Humble Project 6:00 a.m. Oct. 19, 2009 - GlobeNewswire
973121282 Black Dragon Expanding Gas Revenues With Well Connections 5:00 a.m. Oct. 16, 2009 - HTTP://WWW.GlobeNewswire.COM
Black Dragon Resource Companies, Inc. (BDGR): News & Press ... Key News About Black Dragon Resource Companies, Inc. ( BDGR) ... Black Dragon Resource Companies, Inc. has issued a correction on the 640 acre lease report. ... investing.businessweek.com/research/.../news.asp?ric=BDGR.PK - 78k - Cached
Black Dragon Resource Companies, Inc. Announces Shareholder ... OIL CITY, La., Sept. 29, 2009 (GLOBE NEWSWIRE) -- Black Dragon Resource Companies, Inc. (the Company, Dragon) (Pink Sheets:BDGR -News) announced that the 2009 meeting finance.yahoo.com/news/Black-Dragon-Resource-pz-215083570... - 51k - Cached
BDGR.PK: Headlines for BLACK DRAGON RES COS - Yahoo! FinanceBlack Dragon Resource Companies, Inc. (BDGR.PK), On Dec 24: 0.0023 Down ... Black Dragon Announces Acquisition of Additional Operating Company to Increase ... finance.yahoo.com/q/h?s=BDGR.PK - ------------------------------------------------------------- quote;http://quote.barchart.com/quote.asp?sym=%20bdgr&code=BSTK BDGR - BLACK DRAGON RES COS (OTC) [ Daily Quotes ] [ Weekly Quotes ] [ Monthly Quotes ]
-- Period -- -- High -- -- Low -- -- Percent Change -- 5-Days 0.0029 on 12/30/09 0.0019 on 12/29/09 unch% since 12/24/09 20-Days 0.0054 on 12/03/09 0.0019 on 12/29/09 -52.08% since 12/03/09 65-Days 0.0570 on 10/20/09 0.0019 on 12/29/09 -80.83% since 10/01/09 100-Days 0.0570 on 10/20/09 0.0019 on 12/29/09 -83.57% since 08/13/09 260-Days 0.0570 on 10/20/09 0.0008 on 03/19/09 +27.78% since 01/02/09 Year to Date 0.0570 on 10/20/09 0.0008 on 03/19/09 +27.78% since 01/02/09
For The Last Made New High Percent From Made New Low Percent From 5-Days 3 time(s) -20.69 % 3 time(s) +21.05% 20-Days 1 time(s) -57.41 % 12 time(s) +21.05% 65-Days 6 time(s) -95.96 % 18 time(s) +21.05% 100-Days 8 time(s) -95.96 % 14 time(s) +21.05% 260-Days 12 time(s) -95.96 % 7 time(s) +187.50% Year to Date 12 time(s) -95.96 % 7 time(s) +187.50% CHART;http://charts3.barchart.com/chart.asp?sym=BDGR&data=A&jav=adv&vol=Y&divd=Y&evnt=adv&grid=Y&code=BSTK&org=stk&fix= TECHS;http://quote.barchart.com/techrept.asp?sym=BDGR OPINION; NEEDS TO IMPROVE, http://quote.barchart.com/texpert.asp?sym=BDGR Price Support Pivot Point Resistance 0.0023 0.0016 0.0024 0.0032 SNAPSHOT;NEEDS TO IMPROVE, http://quote.barchart.com/texsnap.asp?sym=BDGR ADVANCE TECHS;http://quote.barchart.com/texadv.asp?sym=BDGR PERFORMANCE; http://quote.barchart.com/performance.asp?sym=BDGR 5-Year Indicator and Overall Opinion Performance Summary Indicator Total Number of Trades Average Days per Trade Total Profit from Trades Trend Spotter (TM) 29 Trades 51 Days/Trade 3.8960 7 Day Average Directional Indicator 132 Trades 13 Days/Trade 7.1055 10 - 8 Day Moving Average Hilo Channel 203 Trades 6 Days/Trade -1.4500 20 Day Moving Average vs Price 136 Trades 13 Days/Trade 1.3990 20 - 50 Day MACD Oscillator 17 Trades 99 Days/Trade 3.1560 20 Day Bollinger Bands 81 Trades 3 Days/Trade -1.3320 40 Day Commodity Channel Index 74 Trades 9 Days/Trade 0.6920 50 Day Moving Average vs Price 81 Trades 21 Days/Trade 0.6600 20 - 100 Day MACD Oscillator 9 Trades 181 Days/Trade 1.9825 50 Day Parabolic Time/Price 71 Trades 25 Days/Trade 1.3550 60 Day Commodity Channel Index 59 Trades 13 Days/Trade 1.9420 100 Day Moving Average vs Price 35 Trades 46 Days/Trade 2.1925 50 - 100 Day MACD Oscillator 9 Trades 181 Days/Trade 1.5560
Average Number of Trades Average Days per Trade Average Profit per Signal Overall Performance Summary 72 Trades 19 Days/Trade 1.7810 PROJECTION;http://charts3.barchart.com/procal.asp?sym=BDGR projection projection [-chart]charts3.barchart.com/custom/tc/BDGR.GIF[-/chart]
----------------------------------------------------------- [color=red] pinksheet information; [-chart]www.pinksheets.com/content/doc/ps/tier/logo/21.gif[-/chart] http://www.pinksheets.com/pink/quote/quote.jsp?symbol=bdgr Contact Information Black Dragon Resource Companies, Inc. 100 Northland Avenue Oil City, LA 71061
Business Description The Issuer produces oil and natural gas from wells in Louisiana and Texas. The issuer uses contract operators to service these wells. The Issuer researches and purchases additional oil and gas leases based on its management's evaluation of the potential return on investment.
OTC Market Tier Pink Sheets Limited Primary SIC — Industry Classification 1311 - Crude petroleum and natural gas Business Stage Exploration Stage Company
Company Officers Scott Smith, CEO, Chairman Thomas Neely, Secretary
Number of Employees 3 as of Jun 30, 2007
Estimated Market Cap $726,382 as of Dec 29, 2009 Outstanding Shares 363,191,051 as of Sep 30, 2009 Authorized Shares 500,000,000 as of Sep 30, 2009 Float(shares) 351,456,860 as of Sep 30, 2009 Number of Shareholders of Record 2,300 as of Sep 30, 2009
Transfer Agent Signature Stock Transfer, Inc. 2632 Coachlight Ct. Plano, TX 75093 [/color]
Template: 07/22/2009---RSI-MACD-FULLSTO-ULT-VOLUME-50MA-200MA-BB COLOR BLIND. Template: 07/22/2009---RSI-MACD-FULLSTO-ULT-VOLUME-50MA-200MA-BB COLOR BLIND. [-chart]stockcharts.com/c-sc/sc?s=bdgr&p=D&yr=0&mn=3&dy=15&i=p47868087965&a=173461334&r=537[-/chart]
TWO YEAR CHART: 5/23/09 TWO YEAR CHART: 5/23/09 [-chart]charting.nasdaq.com/ext/charts.dll?2-1-14-0-0-524-03NA000000bdgr-&SF:6|8|27-SH:8=200|27=10-WD=539-HT=395-[-/chart]
2 yr.,,,50-200ma,,,RSI- Volume - MACD --- green background. 2 yr.,,,50-200ma,,,RSI- Volume - MACD --- green background. [-chart]stockcharts.com/c-sc/sc?s=bdgr&p=D&yr=2&mn=0&dy=0&i=p91190925640&r=3232[-/chart]
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