more hope!
Black Dragon Announces 9 Months Gross Revenue of $2,420,359.55
Thursday October 11, 8:00 am ET
OIL CITY, LA--(MARKET WIRE)--Oct 11, 2007 -- Black Dragon Resource Companies, Inc. (Other OTC:BDGR.PK - News) ("the Company," "the Dragon") announced today its first three quarters of gross revenue for this year totaled $2,420,359.55.
1st Quarter was $674,430.67
2nd Quarter was $770,389.85
3rd Quarter was $975,539.55
Black Dragon is very optimistic the company will produce 22,000 barrels of oil in the 4th quarter. This production will give Black Dragon over 4 million dollars gross revenue for the year of 2007. Meeting the goal of producing 22,000 barrels of oil will be a great accomplishment for Black Dragon, if it is reached.
Secondly, Management is in negotiation with a foreign corporation for a capital infusion into Black Dragon. If this transaction is completed, Black Dragon will be on its way to the next phase of a well-established oil and gas producer. |
