SOURCE: Black Dragon Resource Companies, Inc.

July 13, 2007 08:00 ET

Black Dragon Revisits 1st and 2nd Quarters From 2005-2007

OIL CITY, LA--(Marketwire - July 13, 2007) - Black Dragon Resource Companies, Inc. (PINKSHEETS: BDGR) management today released a comparison of unaudited figures.

Mr. Lanza, President of Black Dragon, thought the shareholders would like the opportunity to review their company's growth over the last 3 years.

      Jan. 2005        Jan. 2006        Jan. 2007
      $58,214.74      $198,895.66      $137,104.29

      Feb. 2005        Feb. 2006        Feb. 2007
      $55,862.61      $161,396.71      $267,880.00

      Mar. 2005        Mar. 2006        Mar. 2007
      $83,401.93      $196,204.93      $155,791.49
      -----------     ------------     -----------
      $197,479.28     $556,497.30      $560,775.78

As one can see, monthly production is up and down, but in every quarter, there has been an increase.

      April 2005       April 2006       April 2007
      $78,910.52      $194,323.72      $259,010.06

      May 2005         May 2006         May 2007
      $78,946.00      $145,434.66      $306,675.00

      June 2005        June 2006        June 2007
      $67,590.60      $273,131.94      $310,000.00
      -----------     ------------     -----------
      $225,447.12     $612,890.32      $875,685.06

Now, here's a comparison of the 1st six months with each of the three years.


         2005             2006             2007
     $197,479.28      $556,497.30      $560,775.78
     $225,447.12      $612,890.32      $875,685.06
     -----------      -----------      -----------
     $422,925.40    $1,169,387.62    $1,436,460.84

These are unaudited figures. June's figures have not been finalized and could be off $35,000.00 either way, but this represents a nearly 23% increase from between 1st half 2006 and 1st half 2007. It is management's intention to give the shareholders a clear picture of what Black Dragon is doing and has done. Management expects to kick off the 2nd half of 2007 in July with numbers based on over 9,000 barrels of gross production.

About Black Dragon:

Black Dragon Resource Companies, Inc. is an oil and gas production company currently focused on the acquisition of mature, producing and existing domestic oil and gas fields. The Company's present focus on mature, domestic oil fields eliminates exploration risk, reduces costs of completion, and provides rapid generation of income in a niche market where larger independent and major oil companies are not positioned to compete.

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, including, but not limited to, the continued production of gas at historical rates, costs of operations, delays, and any perceived benefits from existing oil and gas field properties, actual reserves and revenues to be derived from the reserves, plans to drill additional oil and gas wells, anticipated revenues, the acquisition of additional oil or gas leases, maintaining mineral lease rights, difficulties related to producing oil and gas, continued maintenance of the oil field and properties, price of oil or gas, marketing and sales of produced minerals, risks and effects of legal and administrative proceedings and governmental regulation, future financial and operational results, competition, general economic conditions, and the ability to manage continued growth. In addition, the Company's ability to produce audited financial statements, its ability to accurately forecast its operating results; its ability to achieve profitability or generate positive cash flow; the availability of financing; and other risks associated with its business are uncertain. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

Contact Information

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