Black Rock Oil & Gas Company News

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Black Rock Oil & Gas Terminates Offer Talks with Third Parties
Wednesday, December 10, 2008Black Rock Oil & Gas has terminated discussions with other third parties regarding any possible offer for the Company and accordingly is no longer being treated under the City Code on Takeovers and Mergers as being in an offer period.

Black Rock Seeks Merger Opportunities
Monday, July 07, 2008In an effort to lower costs, Black Rock Directors are for the time being not receiving any remuneration. The Board started an active process of identifying potential merger opportunities, and seeking additional business partners.

Black Rock Announced Disposal of R3 Retention Lease in Australia
Monday, June 16, 2008The Board of Black Rock announced that the company has agreed to dispose of its 15% interest in the R3 retention lease in offshore Western Australia operated by Tap Oil which contains the currently non-commercial Cyrano Field Oil Basins Limited.

Black Rock Drills Arrinconada, Finds No Significant Shows
Tuesday, April 29, 2008The Operator completed drilling and logging of the well and then abandoned the well on 26 April 2008.

Black Rock Hits Oil with Acacia Este 2 in Colombia
Tuesday, March 04, 2008Drilled 500 meters north of Acacia Este 1 to a total depth of 3,752 feet, Acacia Este 2 encountered more than one hundred feet of oil while drilling the target Tertiary-aged Lower Mugrosa Formation. Multiple zones are now being tested.

Black Roc Comes to Terms on Las Quinchas Association Contract
Wednesday, February 27, 2008Prospero Hydrocarbons Inc agreed to invest up to U.S. $4 million for an equity interest of 49% in Las Quinchas Resource Corp which now holds Black Roc's interests in the Las Quinchas Association Contract in the Middle Magdalena Valley of Colombia.

Black Rock Colombian Interests Conditionally Financed
Wednesday, February 20, 2008Prospero Hydrocarbons will invest over $1 million for an equity interest of up to 49% in Black Rock's Middle Magdalena Valley in Colombia.

Black Rock Spuds Acacia Este 2 in Colombia
Monday, January 14, 2008Black Rock announced that the Acacia Este 2 appraisal well in the Las Quinchas Association Contract in Colombia had been spudded by its joint venture operator, Kappa Resources Colombia on 21 December 2007 and that drilling operations are underway.

Kappa Resources Spuds Acacia Este-2 Appraisal Well in Colombia
Friday, December 28, 2007The Black Rock Oil joint venture operator, Kappa Resources Colombia, has spudded the Acacia Este 2 appraisal well in the Las Quinchas Association Contract in the Middle Magdalena Valley of Colombia.

Black Rock Further Develops North Sea P1147 License
Monday, December 03, 2007The JV has been approved to move forward with pre-development and economic screening studies for the Monterey Field in the Souther North Sea.

Black Rock Updates Columbian Assets
Monday, December 03, 2007Black Rock Oil and Gas Plc reports on the Las Quinchas Association Contract, Acacia Este discovery, Arce Field and Alhucema Exploration & Production Contract.

Black Rock Oil & Gas Initiates Placing
Tuesday, September 25, 2007Black Rock has conditionally placed 11,629,167 new ordinary shares of 1p each at a price of 18p per Ordinary Share to raise £2,093,250.

Oil Encountered at Acacia Este Well in Colombia
Thursday, August 30, 2007On 18 July 2007 Black Rock Oil & Gas says that the Acacia Este 1 exploration well in the Las Quinchas Association Contract in Colombia had been drilled by its joint venture operator, Kappa Resources Colombia to a total depth of 3,970 feet.

Black Rock Finds Oil at Acacia Este in Colombia
Wednesday, July 18, 2007Black Rock Oil & Gas reports that the Acacia Este exploration well in the Las Quinchas Association Contract in Colombia reached a total depth of 3,970 feet. Fair to good oil shows were encountered while drilling the target Lower Mugrosa Formation.

Black Rock Spuds Acacia Este in Colombia
Tuesday, July 03, 2007Black Rock Oil and Gas reports that the Acacia Este exploration well in the Las Quinchas Association Contract in Colombia was spudded and it expected to take 20 - 30 days to drill the well.

CDS Agrees to Boqueron Farm-in Option for Black Rock
Monday, April 30, 2007CDS Oil & Gas Group plc has agreed to a farm-in option with Black Rock Oil & Gas plc that gives Black Rock the option to farm-in down to the Carboniferous in the 800,000-hectare Boqueron Concession in northwestern Paraguay.

Black Rock Issues Interim Six-month Results
Friday, March 09, 2007Black Rock Oil & Gas PLC on Monday announced its interim results for the six months ended December 31, 2006.

Black Rock Reports Prelim Year-end Results
Wednesday, December 27, 2006Black Rock Oil & Gas plc, the UK-based exploration company, reported its preliminary results for the year ended 30 June 2006.

Black Rock Reports Dispute with Colombian Partner
Wednesday, November 22, 2006The Board of Black Rock announced that a dispute has arisen with the company's Colombian joint venture partner, Kappa Resources Colombia Limited ("Kappa").

Black Rock Oil & Gas Says Drilling Plans on Track
Thursday, September 21, 2006Black Rock Oil & Gas says that its projects in Colombia and the North Sea are proceeding in line with expectations and are expected to come to fruition in the next six months.

Black Rock Oil & Gas Raises Additional Capital through Share Placement
Monday, July 10, 2006Black Rock has placed 110,363,637 new ordinary shares of 0.5p each at a placing price of 1.1p per Ordinary Share to raise £1,214,000 of additional working capital associated with appraisal activities in the Company's project areas.

Black Rock Oil & Gas Completes Drilling at Arce Field
Tuesday, June 27, 2006Black Rock Oil & Gas reports that the Arce 4 well has now been drilled to its total depth of 3,073 feet and this appraisal well is being prepared for testing.

Black Rock Oil Begins Drilling on Arce Field in Colombia
Wednesday, June 07, 2006Black Rock Oil reports that drilling operations on the Acre 4 development well in Colombia has commenced. Arce 4 is expected to take 15-20 days to drill, test and complete.

Black Rock Raises US$2.3mn for Development Program
Wednesday, April 19, 2006British oil junior Black Rock Oil & Gas has raised 1.31mn British pounds (US$2.33mn) through a public share offering to fund its Colombian operations.

Seismic Work Completed in Carnarvon Basin
Tuesday, December 13, 2005Strike Oil announces that the M/V Pacific Sword completed seismic operations on December 9th. There were no loss of time for weather or for environmental and safety incidents.

Black Rock Oil & Gas Sells Stake in EP-325 Offshore Australia
Thursday, December 08, 2005Advent Energy has acquired Black Rock's 8.3% interest in licence EP-325, Offshore Carnarvon Basin, Western Australia.

Black Rock Oil Awarded Colombian Exploration License
Tuesday, September 27, 2005Black Rock Oil & Gas' joint venture partner in Colombia, Kappa Resources, has been awarded the Alhucema Association Contract. The Alhucema area is within the Area of Mutual Interest agreed between Black Rock and Kappa and the award is subject to the approval of the Colombian National Hydrocarbons Agency.

Black Rock Oil & Gas Pleased with Arce 3 Results
Wednesday, September 07, 2005Black Rock Oil & Gas says that first oil was produced from Arce 3 on August 26th.

Black Rock Oil & Gas Awarded Two North Sea Licenses
Wednesday, September 07, 2005Black Rock Oil & Gas has been offered the award of the eastern part of Central North Sea exploration block 22/8a, with its partner Carrizo Oil & Gas in the 23rd Round of Offshore Licensing.

Black Rock Oil & Gas Logs Pay with Arce #3 Appraisal Well
Wednesday, August 03, 2005Black Rock Oil & Gas reports that the Arce 3 appraisal well, located in Colombia, has been drilled to its total depth of 2,936 feet.

Black Rock Oil & Gas Spuds Arce 3 Appraisal Well in Colombia
Wednesday, July 20, 2005Black Rock Oil & Gas reports that the Arce 3 appraisal well, located in the Middle Magdalena Basin, Colombia, commenced drilling on July 19, 2005.

Black Rock Acquires Stake in San Joaquin Basin Acreage
Thursday, April 28, 2005Black Rock Oil & Gas has entered into a farm-in agreement with a private North American company to earn a majority interest in and operatorship of oil and gas leases covering approximately 3,000 acres in the eastern San Joaquin Basin, California.

Black Rock Finalizes Colombian JV with Kappa
Thursday, April 28, 2005Black Rock Oil & Gas has finalized the farmout agreement with Kappa Resources Colombia Ltd. for the 249,000 acre Las Quinchas Association Contract located in the prolific Middle Magdalena Valley of Colombia.

Black Rock Begins Prep Work at Sandhills 2 Well Site
Tuesday, December 07, 2004Black Rock Oil and Gas reports that site preparation has begun at the Sandhills 2 well (PEDL 113) on the Isle of Wight.

Cyrano-2 Appraisal Well Spuds Offshore Australia
Monday, December 06, 2004Black Rock Oil & Gas reports that the Cyrano 2 appraisal well is expected to spud on December 6th.

Black Rock Oil & Gas Offered Four Licenses Offshore Ireland
Monday, November 15, 2004Black Rock Oil & Gas has been offered and will accept four offshore Republic of Ireland Licensing Options, 04/5, 04/6, 04/7 and 04/8. The Company has 100% equity and operates all of these projects which will all be granted for a period of two years.

Cyrano-2 Well Offshore Australia to Spud Later than Expected
Thursday, October 14, 2004The Cyrano 2 appraisal well will be drilled a little later than originally expected. The Ensco 56 is presently on Bambra 6 and is contracted to drill four wells ahead of Cyrano 2. Tap Oil now estimates the well will not commence drilling until December 2004.