BlackPearl Announces First Quarter 2011 Financial and Operating Results

BlackPearl Resources Inc. (TSX:PXX) reports that the company’s financial and operating results for the three months ended March 31, 2011.

The press release is quoted as saying:

Daily average oil and gas production increased to 7,015 boe per day for the first quarter ended March 31, 2011, a 5% increase compared to the same period 2010. The increase in 2011 production is primarily attributable to our ongoing development drilling program at Onion Lake throughout the course of 2010.

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