 | 
|  | 
News Releases

| December 31, 2012 |
Changed Number of Outstanding Shares in BlackPearl |
| November 7, 2012 |
BlackPearl Announces Third Quarter 2012 Financial and Operating Results |
| October 30, 2012 |
BlackPearl to Commence Trading on NASDAQ OMX Stockholm |
| August 8, 2012 |
BlackPearl Announces Second Quarter 2012 Financial and Operating Results |
| June 4, 2012 |
BlackPearl Adds 180 Million Barrels of Oil Reserves at its Blackrod SAGD Property |
| May 9, 2012 |
BlackPearl Announces First Quarter 2012 Financial and Operating Results |
| May 9, 2012 |
BlackPearl Announces an Increase in its Bank Credit Facilities to $115 Million |
| February 27, 2012 |
BlackPearl Announces 2011 Financial and Operating Results |
| January 30, 2012 |
BlackPearl Announces 2011 Year-End Reserves and Resource Estimates and Provides Operations Update |
|  |  |