CybeRelease: (OTC PK: BDGR) Sees Record Third Quarter
(CybeRelease, September 28, 2006) - Lake Harmony, PA - Black Dragon Resource Companies, Inc. (OTC PK: BDGR)- announced today on an unaudited basis, that it expects to record quarterly revenues for the company for the third quarter ended September 30, 2006.
Gross revenues on an unaudited basis for the first two months of the 2006 third quarter are expected to be approximately $1.035 million as compared to $523,000 for the three months ended September 30, 2005, or an increase of almost 100%.
According to Richard Michael, President, “With gross revenues for the month of September expected to greatly exceed the revenues of approximately $545,675 recorded for August, we expect the quarter ended September 30th to have record results. We were able to achieve these results through execution of our acquisition program and making continuous progress developing our existing properties.”
“In the third quarter of 2005, the Company’s properties grossed $523,929 resulting from the sale of 7946 barrels of oil. In July and August of 2006 our properties have had gross sales of $833K of oil and $202K of gas. September shipments will exceed August.”
To read the complete release, go to http://biz.yahoo.com/bw/060927/20060927005718.html?.v=1.
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