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Wall Street Resources, Inc. Releases an Updated Research Report on Black Ridge Oil & Gas, Inc.

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MINNETONKA, Minn., Aug. 1, 2012 (GLOBE NEWSWIRE) -- Black Ridge Oil & Gas, Inc. (OTCBB:ANFC) today announces the release of an updated Research Report on the Company, by Mr. Paul Silver, Director of Research for Wall Street Resources, Inc. The 19-page report includes detailed information on the Company's business model, products, industry, valuation, management and risks.

The free report is available at: www.wallstreetresources.net/BlackRidge.asp

Neither Black Ridge Oil & Gas, Inc., nor any of its affiliates, endorse, confirm or adopt the contents of the Wall Street Resources, Inc. Research Report nor accept any responsibility for its accuracy which is the sole responsibility of its author.   Black Ridge Oil & Gas, Inc. undertakes no obligation to revise or update the Report to reflect events or circumstances after its issuance or otherwise. The reader should review all disclaimers contained in the Report.

Make sure you are first to receive timely information on Black Ridge Oil & Gas when it hits the newswire. Sign up for Black Ridge's email news alert system today at: https://ir.stockpr.com/blackridgeoil/email-alerts

About the Company

Black Ridge Oil & Gas is an oil and gas exploration and production company based in Minnetonka, Minnesota. Black Ridge's focus is exclusive to the Williston Basin Bakken and Three Forks trend in North Dakota and Montana. Black Ridge Oil & Gas controls over 11,000 net mineral acres in North Dakota. For additional information, visit the Company's website at: www.Blackridgeoil.com

About the Analyst

Mr. Silver joined Wall Street Resources in 2006 as the Director of Research. He has been in the financial services industry since 1995 and began his professional career in auditing with a Big Four accounting firm in New York City. Mr. Silver made the move to Wall Street as a sell-side research analyst for two global investment banks in New York City including Salomon Smith Barney and UBS Paine Webber. At Salomon Smith Barney he was a member of the firm's research team covering REITs that was consistently ranked #1 by Institutional Investor magazine. Most recently, Mr. Silver worked for a private equity firm as its Chief Investment Strategist.

Mr. Silver is a graduate of the College of William and Mary in Virginia with a BA in liberal arts and New York University's Stern Business School with an MBA in International Finance and Accounting.

About Wall Street Resources

Wall Street Resources, Inc. and its affiliated site http://www.wallstreetresources.net is a leading source for microcap equity research. Its principals have over 25 years of experience providing analysis on these companies. Wall Street Resources (WSR) acts as a conduit between micro-to-small capital company investors and emerging growth companies through its proprietary financial publications including daily and monthly newsletters, as well as comprehensive 20-50 page featured company reports. To sign up to receive WSR's financial publications go to: http://www.wallstreetresources.net/signup_basic.asp.

Statement as to Forward Looking Statements 

Certain statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties not known or disclosed herein that could cause actual results to differ materially from those expressed herein. These statements may include projections and other "forward-looking statements" within the meaning of the federal securities laws. Any such projections or statements reflect Black Ridge Oil & Gas current views about future events and financial performance. No assurances can be given that such events or performance will occur as projected and actual results may differ materially from those projected. Important factors that could cause the actual results to differ materially from those projected include, without limitation, general economic or industry conditions nationally and/or in the communities in which our Company conducts business, volatility in commodity prices for crude oil and natural gas, environmental risks, legislation or regulatory requirements, conditions of the securities markets, our ability to raise capital, availability of our credit facility, changes in accounting principles, policies or guidelines, financial or political instability, acts of war or terrorism, other economic, competitive, governmental, regulatory and technical factors affecting our Company's operations, products, services and prices and other risks inherent in the Company's businesses that are detailed in the Company's Securities and Exchange Commission ("SEC") filings. Readers are encouraged to review these risks in the Company's SEC filings.

CONTACT: Investor Relations:
         Gerald Kieft
         WSR Communications
         772-219-7525
         IR@WSRcommunication.com
         http://wsrcommunications.ir.stockpr.com/blackridgeoil/overview
Source: Black Ridge Oil & Gas