Rick Michael Quotes (4 Quotes)

We are very excited to have acquired such attractive oil and gas properties. The combination of a substantial increase in production and reserves, dedicated equipment to support our drilling activities and strong commodity prices positions the Company for strong growth in 2006.

We're kind of hopeful this will lead to discussions with others in his group in the Chicago area. He's one of the nicest gentlemen we've worked with. We're just very fortunate.

We believe this acquisition of producing properties will generate significant cash flow for the Company. All of the leases are fully equipped so that we can bring them on line immediately. We can also add other wells and conduct in field drilling. Upon completion of this acquisition, the Company could produce 8,000 barrels for the month of February.

With the completion of this acquisition, Black Dragon is poised for rapid revenue growth in 2006. With 1200 company well bores, including 413 producing wells currently in our portfolio, it is our goal to be on target by year end to produce over 30,000 barrels of oil per month.