Black Rock Petroleum Company (OTCPK:BKRP) executed a contract to acquire Torrance Petroleum Company from Affluence Projects LLC on December 2, 2020. The transaction is structured as a stock-for-stock Exchange transaction. Torrance Petroleum will become a wholly owned subsidiary of Black Rock Petroleum Company. Philip Andrews a Irish Citizen and experienced oil and gas executive has been named Managing Director of Black Rock Petroleum. As per filing on March 10, 2021, Black Rock Petroleum Company amended the agreement to acquire 100% ownership of Torrance Petroleum. Original agreement, provided for the transfer of certain existing common shares to the vendor of Torrance Petroleum and for the issuance of 50,000,000 newly issued preferred shares of the company to the vendor, the amended agreement has extended the timeframe to transfer the common stock so as to enable the company to be able comply by transferring the common shares. In addition to extending the agreement in order to complete the transaction with no further dilution to existing shareholders the Vendor also waived its right to receive 50,000,000 newly Preferred shares.