Black Ridge Oil & Gas, Inc. Updates Outlook Based on Current Oil Prices
Black Ridge Oil & Gas, Inc. (the “Company” or “Black Ridge”) (ANFC) today provided an update on the Company to address the recent deterioration in oil prices. Since early November, West Texas Intermediate (WTI) oil prices for the 2016 calendar strip have dropped from nearly $52.00/barrel to recently trade below $40.00/barrel. A price drop of this magnitude would have a