Black Gold Natural Resources PLC Joins With Foster Oil & Gas

Black Gold Natural Resources PLC (FWB:N1Y) today announced that
they have agreed to enter into an agreement with Foster Oil & Gas to
acquire approximately 8,000 acres in the Cherokee Basin of southern
Kansas including all production and all oil and gas properties and
related mineral rights.

Foster Oil & Gas will be the operator for the project, which is
currently producing approximately $175,000 per month. After reworking
some of the wells and developing two additional wells, income is
expected to increase up to $625,000 per month.

This acquisition will create an excellent base for Black Gold
Natural Resources PLC, since these wells are expected to keep
producing for at least forty (40) years. With an additional investment
Income should increase by an additional $215,000 per month.

Foster Oil & Gas has a business plan showing the opening of
several hundred new wells over a fifteen (15) year period as operating
manager for Black Gold Natural Resources PLC.

Black Gold Natural Resources PLC is an independent natural
resource company focused on the exploration and development of
prolific oil and gas properties and valuable timberlands, as well as
supplying oil field services, drilling equipment and international oil
refining.

Forward-Looking Statements: This press release may contain certain
forward-looking statements within the meaning of the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are based on the current expectations
of the management of Black Gold Natural Resources PLC only, and are
subject to a number of factors and uncertainties that could cause
results to differ materially from those described in forward-looking
statements. Factors which could cause or contribute to such
differences include, but are not limited to, factors detailed in the
Company´s Regulatory filings, economic downturns affecting the
operations of the Company, and the need for adequate financing to
achieve the new strategic plans and to complete management´s overall
plans and objectives. Black Gold Natural Resources PLC undertakes no
obligation to publicly release any revisions to these forward-looking
statements to reflect events or circumstances after the date hereof or
to reflect the occurrence of unanticipated events.