Black Dragon Resource Companies Announces January 2005 Production.AUSTIN Austin. 1 City (1990 pop. 21,907), seat of Mower co., SE Minn., on the Cedar River, near the Iowa line; inc. 1868. The commercial and industrial center of a rich farm region, it is noted as home to the Hormel meatpacking company, whose Spam Town museum , Texas -- Black Dragon dragon, mythical beast usually represented as a huge, winged, fire-breathing reptile. For centuries the dragon has been prominent in the folklore of many peoples; thus, its physical characteristics vary greatly and include combinations of numerous animals. Resource Companies (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BDGR) was pleased to announce that they shipped 547 barrels of oil in the month of January 2005. President, Richard Michaels, stated that their gas volume should be in excess of 2.4 million mcf. He also wanted to remind the shareholders that the production was from only 43 of the of the companies' 101 wells. Production should increase as more wells are put on. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Black Dragon Resource Companies has included in this press release certain "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the Private Securities Litigation Reform Act of 1995 concerning Black Dragon Resource Companies business, operations and financial condition. The words or phrases "can be," "expects," "may affect," "anticipates," "may depend," "believes," "estimates," "plans," "projects" and similar words and phrases Words and Phrases® A multivolume set of law books published by West Group containing thousands of judicial definitions of words and phrases, arranged alphabetically, from 1658 to the present. are intended to identify such forward-looking statements. These forward-looking statements are subject to various known and unknown risks and uncertainties and Black Dragon Resource Companies cautions you that any forward-looking information provided by or on behalf of Black Dragon Resource Companies are not a guarantee of future results, performance or achievements. Actual results could differ materially from those anticipated in these forward-looking statements due to a number of factors, some of which are beyond Black Dragon Resource Companies control. In addition to those risks discussed in Black Dragon Resource Companies other press releases, public filings and statements by Black Dragon Resource Companies management, factors that may cause Black Dragon Resource Companies actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied in such forward looking statements include: the volatile and competitive nature of the oil and gas industry, changes in domestic and foreign economic, political and market conditions, the effect of federal, state and foreign regulation on Black Dragon Resource Companies business, the impact of recent and future acquisitions and joint ventures on business and financial condition, and results of operations and financial condition. All such forward-looking statements are current only as of the date on which such statements were made. Black Dragon Resource Companies does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or after the date on which any such statement is made or to reflect the occurrence of unanticipated events. |
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