Investment Hightlights
- Black Dragon has proven to be an innovative leader in the mature domestic oil and gas industry.
- The company is noted for its domestic oil and gas assets located in the Caddo Pine Island region of Louisiana.
- According to a March 2005 Department of Energy report of the major oil fields in Louisiana, Caddo Pine Island contains 2.06 billion barrels of Remaining Oil In-Place (ROIP), the richest field in the Onshore Gulf Coast basin.
- The company has no exploration risk. Black Dragon's portfolio contains an ever-increasing number of producing wells.
- The outlook for energy prices continues to be positive.
- Favorable governmental environment exist to increase domestic production.
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