Black Dragon Resources Companies, Inc. Revenue Momentum Continues Throughout 2005; Company Provides 2006 Revenue Target.

AUSTIN, Texas -- Black Dragon Resource Companies, Inc. (Pink Sheets: BDGR), a rapidly growing producer and operator of mature, operating oil and gas properties in Texas and Louisiana, announced today that it expects its sales for the fourth quarter ended December 31, 2005, on an unedited basis to be approximately $709,000, up almost 26% over the previous quarter. Sales for the 2005 fiscal year end December 31 are expected to total approximately $1.655 million. The revenues for the year increased sequentially during the year; $421,000 for the first and second quarter combined; $525,000 for the third quarter and $709,000 for the fourth quarter. The Company expects revenues for the first quarter 2006 to approach $1 million, a record quarter for the Company and an increase of over 41% from the last quarter of 2005. The Company expects an audit of its year-end numbers to be completed in the next ninety-days.

Mr. Rick Michael, President of Black Dragon stated, "Our recently released reserve report and report by Red Chip Companies have both confirmed our asset base and revenue potential. We are gratified by our results for 2005 and expect this momentum to continue into 2006. We believe that our revenue goal for 2006 of approximately $14 million is highly achievable."

"The analysis report by Red Chip is conservative in light of the recently released engineering report showing 66 million barrels of oil in proven recoverable reserves. 66 million barrels is in excess of 2 barrels per outstanding share. This does not include our Caddo Lake bed property, further commented Mr. Michael."

About Black Dragon Resource Companies, Inc.

Black Dragon is focused on the recovery of oil and gas reserves through acquisition and project development, specializing in mature and marginal field enhancement, developmental exploitation drilling and low-risk exploration opportunities in the Texas and Louisiana region.

Forward-Looking Statements 

Certain information discussed in this press release may constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995 and the federal securities laws. Although the Company believes that 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 risks associated with the Company's business. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.