Black Dragon Announces August Oil Production Numbers

Monday, Sep 06, 2010

Black Dragon Resource Companies, Inc. ("the Company", "Dragon") (Pink
Sheets:BDGR) is pleased to announce today that Black Dragon oil leases
shipped 2621 gross barrels of oil in the month of August, an increase of 221
gross barrels over July. The company was able to increase its production by
increasing its total wells online to 23. This number excludes the Humble EOR
Project which has now begun the EOR phase which is expected to substantially
increase oil flow rates.

Black Dragon expects a dramatic improvement in next month's production
numbers as it begins using its new system of putting 21 wells online minimum
per month which will be achieved by having 3 rigs working in the field, each
turning on at least 7 wells per month. Management estimates the company will
do 3,061 gross barrels of production next month excluding the Humble EOR
Project. The company is on track to meet its December 31st revenue and
production objectives.

Black Dragon is an oil and gas exploration and production company currently
focused on the acquisition of mature, producing and existing domestic oil
and gas fields. This focus has eliminated exploration risk, reduced costs of
completion, and provided rapid generation of income in a niche market where
larger independent and major oil companies are not positioned to compete.
Black Dragon intends to recomplete additional shallow producing wells and to
expand its focus to include drilling of new wells, some to deeper levels and
to purchase additional leases.

Source: Globe Newswire