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Article: Black Rock raises Colombia funds.(share issues of Black Rock Oil and Gas)(Brief article)
- Article from:
- The Oil Daily
- Article date:
- April 19, 2006
CopyrightCOPYRIGHT 2006 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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UK independent Black Rock Oil & Gas has raised $2.3 million through a share issue, and plans to use the proceeds to fund exploration and production activities at its Arce oil field in Colombia.
Following the share issuance, Ivan Burgess, managing director of Black Rock, said he anticipated the Arce 4 development well to come on stream later ...