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Arrinconada disappointment for Black Rock Oil and Gas

29 April 2008

Black Rock Oil and Gas has announced that the Arrinconada 1 well in Colombia is to be plugged and abandoned as dry.

The cost of the Arrinconada well was covered under the conditional investment made by Prospero Hydrocarbons Inc.

Dr John Cubitt, Managing Director of Black Rock Oil & Gas plc, commented:

'We are assessing the sonic log from the Arrinconada 1 well in conjunction with the current 2D seismic grid, and will evaluate the need for additional seismic to refine structural mapping of the many remaining leads in the large Alhucema E&P Contract area'

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Oil & Gas Exploration & Production

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