Black Dragon Resource Companies Progress Update: Black Dragon Ships in Excess of $250,000 of Oil in November.AUSTIN, Texas -- Mr. Rick Michael, President of 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. (Pink Sheets:BDGR), is pleased to announce that the Dragon is continuing to progress and expand by shipping over 4200 barrels of crude oil with 1894 barrels of oil left in its storage facilities in November. November gas sales could reach $40,000 for a total gross revenue (excluding acquisitions) of nearly $300,000. Gross Revenues for October and November exceeded $500,000, and was greater than the first 6 months income combined. Mr. Michael stated in summary that Black Dragon is shooting for another 5500 barrels of oil to be produced for the month of December, and for the 4th quarter to beat the first three quarters of the year. OTHER COMPANY NEWS PUBLIC RELATIONS public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Management is pleased to announce the hiring of Susan Hahn & Associates of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of to handle press, media and investor relations Investor relations The process by which the corporation communicates with its investors. for the Company. The Company ninth-month statement and a revised engineering statement of all the Black Dragon current properties is expected to be completed this week. FORWARD-LOOKING STATEMENT 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. Certain information discussed in this press release may constitute forward-looking statements within 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 and the federal securities laws. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements are inherently subject to unpredictable and unanticipated risks, trends and uncertainties such as the Company's inability to accurately forecast its operating results; the Company's potential inability to achieve profitability or generate positive cash flow; the availability of financing; and other risk associated with the Company's business. The Company assumes no obligation to update or supplement forward-looking statements that become untrue un·true adj. un·tru·er, un·tru·est 1. Contrary to fact; false. 2. Deviating from a standard; not straight, even, level, or exact. 3. Disloyal; unfaithful. because of subsequent events. |
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