Title: BLACK DRAGON RESOURCE COMPANIES, INC'
1BLACK DRAGON RESOURCE COMPANIES, INC.
Specializing in Acquiring Domestic Oil Gas
Production in the Gulf Region
SUMMER 2006
2SAFE HARBOR
BLACK DRAGON RESOURCE COMPANIES, INC.
- This presentation contains forward-looking
statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and
unknown risks, uncertainties and other factors
which may cause the actual results, performance
or achievements of the Company, or industry
results, to be materially different from any
future results, performance or achievements
expressed or implied by such forward-looking
statements. When used in this presentation,
statements that are not statements of current or
historical fact may be deemed to be
forward-looking statements. Without limiting the
foregoing, the words plan, intend, may,
will, expect, believe, could,
anticipate, estimate, or continue or
similar expressions or other variations or
comparable terminology are intended to identify
such forward-looking statements. Readers are
cautioned not to place undue reliance on these
forward-looking statements, which speak only as
of the date hereof. Except as required by law,
the Company undertakes no obligation to update
any forward-looking statements, whether as a
result of new information, future events or
otherwise.
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4BLACK DRAGON RESOURCE COMPANIES, INC.
- Founded 1999.
- Headquartered Oil City Louisiana.
- 45 Million shares Outstanding.
- 55 Million fully diluted.
- 14 Million has been invested in acquiring and
developing oil and gas properties.
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5BLACK DRAGON RESOURCE COMPANIES, INC.
COMPANY ON THE MOVE
- Black Dragon specializes in acquiring and
refurbishing inactive wells in mature fields that
were initially developed in North West Louisiana.
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6PRODUCING PROPERTIES
BLACK DRAGON RESOURCE COMPANIES, INC.
- PINE ISLAND
- 8000 BBL per Month
- 900 Wells
- 450 Currently Producing Wells
- 30 New Wells a month
- 66M in Reserves 1
- CADDO LAKE
- 2000 barrels of oil equivalent per month
- 19 Wells Producing
- 43 Wells being reworked
- 2 New Oil Wells per month
- 2 New Gas Wells per month
- 73M in Reserves 3
- HAYNESVILLE FIELD
- 1200 BBL per Month
- 14 Wells
- 12 Currently Producing 2
- ARKANA FIELD
- 21 MMCF per Month
- 1200 BBL per Month
- 2 Wells
- Online August 17, 2006 5
- HOSSTON FIELD
- 3,000 BBL per Month
- 100 Wells
- 78 Currently Producing 4
6
7Caddo-Pine Island Field is situated in
northwestern Louisiana with its western edge near
the Louisiana-Texas state line a portion of the
field underlies Caddo Lake. Oil was discovered in
the field in 1904, and has produced over 369
million barrels of oil equivalent of oil
(mid-1998).
OIL CITY
Pine Island (Stripper Wells)
CADDO LAKE
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8BLACK DRAGON RESOURCE COMPANIES, INC.
THE LOUSIANA GULF AREA -OPPORTUNITY FOR GROWTH
- Originally drilled by Gulf Oil and Texaco.
- The Department of Energy attributes over 2B
barrels of oil equivalent of oil in place for
Pine Island Fields. - The largest land based field in State of
Louisiana according to recent US Dept. of Energy
reports.
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9CADDO LAKE, 1923
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10BLACK DRAGON RESOURCE COMPANIES, INC.
GULF DRILLER LOGS 1910-1927
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11BLACK DRAGON RESOURCE COMPANIES SIGNS PURCHASE
AGREEMENT TO ACQUIRE GEMINI EXPLORATIONS, INC.
FOR 25 MILLIONAdds 6500 barrels of Oil
Equivalent (BOE) per month 525 Wells, 7000 Acres
of Oil Property, Additional Caddo Lake Drilling
Rights and 4 Million of Equipment
June 1, 2006
BLACK DRAGON RESOURCE COMPANIES, INC.
- 6,500 barrels of oil equivalent per month now
to increase to 15,000 barrels of oil equivalent
per month by end of year. - 7,000 acres of oil and gas property.
- 4 million in equipment (saves Black Dragon
Resource 200,000 per month or more). - Gas gathering and compression station plus 80
miles of gathering pipeline (a 4 million value). - Approximately 80 miles of gas line in place.
- Deep rights to 8,000 acres of Caddo Lake.
- Extinguishes 2.3 million in debt
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12Drilling Rig
Workover Rig
Gemini Explorations, Inc. Presently producing
8,500 barrels per month.
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13Last 90 Days
BLACK DRAGON RESOURCE COMPANIES, INC.
ACCOMPLISHMENTS
- Caddo Lake- 0-2100 BBLs per Month
- Hosston Field- 0-3200 BBLs per Month
- Arkana Field- Acquired
Remainder of 2006
- New Pine Island Acquisitions- 170 Wells-4500
BBLs per Month - Number of Additional Oil Property Acquisition in
Discussion - Caddo Lake
- 8 New Paluxy Wells (2000 BBLs per Monthly
Increase) - 8 New Nacatosh Wells (1800 MCF per Monthly
Increase) - 30 Stripper Wells per Month Return to Production
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14REDCHIPS TARGET PRICE 4.00
15REASONS TO CONSIDER
BLACK DRAGON RESOURCE COMPANIES, INC.
- Excellent Management Team
- Extraordinary Growth
- Accelerated Oil Gas Assets Cash Flow
- Huge Reserves
- Undiscovered by Wall Street
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