CybeRelease: (OTC: BDGR) RedChip Visibility Issues Quarterly Research Update

(CybeRelease, February 12, 2007) - Lake Harmony, PA - RedChip Visibility, a division of RedChip Companies, announced that it has issued a research update on Black Dragon Resource Companies, Inc. (OTC PK: BDGR).

Joe Blankenship, MBA, CFA Level I Candidate, RedChip Research Analyst, wrote in the report:

``It appears that BDGR’s management has identified an opportunity to acquire underused assets in the stripper-well category and grow accumulated production to a meaningful level. To make such an opportunity efficient, there must be a large number of wells in close proximity to keep operating and maintenance costs low. The Company’s play in the Caddo Pine Island field might provide such an opportunity.

``On the basis of the reported assets in inventory, we believe that the Company has the ability to produce upward of 9,000 barrels per month from wells on lease, many of which still need to be put into production. With prices at $60 per barrel, this production level had the potential of producing revenue of $4.5 million per year and operating income of $1.5 million. Earnings per share at this level of revenue, assuming operating expenses are contained at current levels, would be about $0.01 per share. Our price target is based on a price/sales ratio derived from one of our comparable public companies, Arena Resources.

``Arena has a strategy similar to BDGR. Arena acquires only existing oil and gas fields and does rework or in-fill drilling. It looks for higher-producing wells rather than stripper wells. At current share prices, Arena is selling for 11 times revenue. Assuming that BDGR can show demonstrable progress in putting wells into production, this Company may well achieve that revenue multiple. At 11 times revenue of $4.5 million, the resulting share price would be $0.70 with the 68.3 million shares outstanding.’’

To receive a complimentary copy of the RedChip Visibility research update for BDGR, please visit: http://www.redchip.com/visibility/about.asp?page=requestBDGR_Q3_2006

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Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for informational purposes only and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid CybeRelease $500.00 for the

publication of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.

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