Mr. Joseph Lanza, President of Black Dragon Resource Companies, Inc. (BDGR: PinkSheets), released an update in response to various recent questions raised by shareholders of the Company.

OIL CITY, La., Jan. 4 /PRNewswire-FirstCall/ -- Mr.

Black Dragon Resource Companies, Inc. (PINKSHEETS: BDGR) announced today, in light of the recent removal of Michael Ellis as President of the Company, they are presently searching for a new executive officer.

Black Dragon Resource Companies, Inc. (PINKSHEETS: BDGR) announced today the Company is expecting to have over 5,500 barrels shipped in September.

Black Dragon Resource Companies Inc. (PINKSHEETS: BDGR) announces that in July and August, 2007 it shipped 8,402 barrels of oil & gas equivalents. Gross Revenue from the sale of oil was $612,612.