U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended ~~January~~ July 31, 2021

☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission file number: 000-55281

BLACK ROCK PETROLEUM COMPANY

(Exact name of registrant as specified in its charter)

Nevada

(State or Other Jurisdiction of Incorporation or Organization)

#108 2559 Parkview lane Port Coquitlam BC Canada V3c6m1

(Address of Principal Executive Offices)

Registrant’s telephone number, including area code: ~~(778) 814-7729~~

(778) 814-7729

Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☐ No ☒

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☐ No ☒

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☒	Smaller reporting company	☒
Emerging growth company	☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date: As As of ~~February~~December 1721, ~~2021~~2020, the issuer had 120,850,000 shares of its common stock issued and outstanding.

TABLE OF CONTENTS

PART I		1
Item 1.	Condensed Unaudited Financial Statements	1
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	89
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	9
Item 4.	Controls and Procedures	9
PART II		10
Item 1.	Legal Proceedings	10
Item 1A.	Risk Factors	10
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	10
Item 3.	Defaults Upon Senior Securities	10
Item 4.	Mining Safety Disclosures	10
Item 5.	Other Information	10
Item 6.	Exhibits	10
	Signatures	11

PART I – FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

BLACK ROCK PETROLEUM COMPANY

~~INDEX TO~~ FINANCIAL STATEMENTS

Condensed Balance Sheets as of January 31, 2021 (unaudited) and April 30, 2020	2
Condensed Statements of Operations for the Three and Nine Months ended January 31, 2021 and 2020 (unaudited)	3
Condensed Statements of Stockholders’ Deficit for the Three and Nine Months ended January 31, 2021 and 2020 (unaudited)	4
Condensed Statements of Cash Flows for the Nine Months ended January 31, 2021 and 2020 (unaudited)	5
Notes to the Condensed Financial Statements (unaudited)	6

JULY 31, 2021

BLACK ROCK PETROLEUM COMPANY ~~CONDENSED BALANCE SHEETS~~

	January 31, 2021			April 30, 2020
ASSETS	(Unaudited)
Current Assets:
Cash	$	1		$	1
Total Current Assets		1			1
Total Assets	$	1		$	1
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current Liabilities:
Accounts payable	$	34,466		$	29,761
Loan payable		5,000			5,000
Due to a related party		74,545			65,604
Total Current Liabilities		114,011			100,365
Total Liabilities		114,011			100,365
Commitments and Contingencies		-			-
Stockholders’ Deficit:
Preferred stock, $0.001 par value; 100,000,000 shares authorized; no shares issued and outstanding
Common stock, $0.001 par value, 200,000,000 shares authorized; 120,850,000 shares issued and outstanding		1,209			1,209
Additional paid in capital		17,125			17,125
Accumulated deficit		(132,344	)		(118,698	)
Total stockholders’ deficit		(114,010	)		(100,364	)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	1		$	1

BALANCE SHEETS

~~The~~AS ~~accompanying~~OF ~~notes~~JULY ~~are~~31, an2021 ~~integral part~~AND ofJULY ~~these~~31, ~~unaudited condensed financial statements.~~2020

	July 31, 2021			April 30, 2021
ASSETS
Current Assets
Bank	$	0		$	0
		0			0

TOTAL ASSETS	$	0		$	0

LIABILITIES AND STOCKHOLDERS’ DEFICIT

Current Liabilities
Accounts payable	$	14,623		$	9,085
Loan payable		32,125			32,125
Due to related party		80,458			77,432
Total Current Liabilities		127,206			118,642

Total Liabilities		127,206			118,642

Stockholders’ Equity (Deficit)
Preferred Stock, $.001 par value, 100,000,000 shares authorized, -0- shares issued and outstanding		1			1
Common Stock, $.001 par value, 200,000,000 shares authorized, 120,850,000 and 120,850,000 shares issued and outstanding, respectively		1,209			1,209
Additional paid-in capital		-
Accumulated deficit		(128,416	)		(119,852	)
Total Stockholders’ Equity ( Deficit)		(127,206	)		(118,642	)

TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	0		$	0

~~BLACK~~See ~~ROCK~~accompanying ~~PETROLEUM~~notes ~~COMPANY~~to ~~CONDENSED~~financial ~~STATEMENTS OF OPERATIONS (Unaudited)~~statements.

	For the Three Months Ended January 31,						For the Nine Months Ended January 31,
	2021			2020			2021			2020
Operating Expenses:
General and administrative	$	4,710		$	18,750		$	11,440		$	19,750
Total operating expenses		4,710			18,750			11,440			19,750
Loss from operations		(4,710	)		(18,750	)		(11,440	)		(19,750	)
Other Expense:
Interest expense		(774	)		(478	)		(2,206	)		(1,433	)
Total other expense		-			(478	)		(2,206	)		(1,433	)
Net Loss	$	(5,484	)	$	(19,228	)	$	(13,646	)	$	(21,183	)
Loss per share, basic and diluted	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)
Weighted average shares outstanding, basic and diluted		120,850,000			120,850,000			120,850,000			120,850,000

~~The~~BLACK ~~accompanying~~ROCK ~~notes~~PETROLEUM ~~are an integral part of these unaudited condensed financial statements.~~COMPANY

3STATEMENTS OF OPERATIONS

~~BLACK ROCK PETROLEUM COMPANY STATEMENTS OF STOCKHOLDERS’ DEFICIT~~ FOR THE THREE ~~AND NINE~~ MONTHS ENDED ~~JANUARY~~JULY 31, ~~2020 AND~~ 2021 ~~(Unaudited)~~AND 2020

	Common Stock						Accumulated
	Three Months July 31, 2021			Three months ended July 31, 2020
	Shares			Amount			Deficit			Total
REVENUES	$	-
Balance at April 30, 2019		120,850,000		$	1,209		$	(91,309	)	$	(90,100	)
OPERATING EXPENSES
Net loss		-			-			(478	)		(478	)
General and administrative expenses		8,564			5,510
Balance at July 31, 2019		120,850,000			1,209			(91,787	)		(90,578	)
TOTAL OPERATING EXPENSES		8,564			5,510
Net loss		-			-			(1,477	)		(1,477	)
LOSS FROM OPERATIONS		(8,564	)		(5,510	)
Balance at October 31, 2019		120,850,000		$	1,209			(93,264	)		(92,055	)
OTHER INCOME (EXPENSE)
Net loss		-			-			(19,228	)		(19,228	)
Interest expense		-			(1,432	)
Balance at January 31, 2020		120,850,000		$	1,209		$	(112,492	)	$	(111,283	)
TOTAL OTHER INCOME (EXPENSE)		-			(1,432	)
PROVISION FOR INCOME TAXES		-			-
NET LOSS	$	(8,564	)		(6,942	)
NET LOSS PER SHARE: BASIC AND DILUTED	$	(0.00	)	$	(0.00	)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED		120,850,000			120,850,000

	Common Stock				Additional Paid in		Accumulated
	Shares		Amount		Capital		Deficit			Total
Balance at April 30, 2020		120,850,000	$	1,209	$	17,125	$	(118,698	)	$	(100,364	)
Net loss		-		-		-		(6,942	)		(6,942	)
Balance at July 31, 2020		120,850,000		1,209		17,125		(125,640	)		(107,306	)
Net loss		-		-		-		(1,220	)		(1,220	)
Balance at October 31, 2020		120,850,000		1,209		17,125		(126,860	)		(108,526	)
Net loss		-		-		-		(5,484	)		(5,484	)
Balance at January 31, 2021		120,850,000	$	1,209	$	17,125	$	(132,344	)	$	(114,010	)

See accompanying notes to financial statements.

~~The accompanying notes are an integral part of these unaudited condensed financial statements.~~3

4BLACK ROCK PETROLEUM COMPANY

~~BLACK~~STATEMENT ~~ROCK PETROLEUM COMPANY CONDENSED STATEMENTS~~ OF ~~CASH~~STOCKHOLDERS’ ~~FLOWS~~EQUITY (~~Unaudited~~DEFICIT)

	For the Nine Months Ended January 31,
							Common stock				Additional paid in
	2021			2020
	Amount			Amount			Shares		Amount		capital			Deficit			Total
CASH FLOW FROM OPERATING ACTIVITIES:
April 30, 2020		1		$	1			120,850,000	$	1,209	$	17,125		$	(118,699	)	$	(100,364	)
Net loss	$	(13,646	)	$	(21,183	)
Reclass of related party payable												(17,125	)					(17,125	)
Adjustments to reconcile net loss to net cash used in operating activities:
Net loss for the period ended April 30, 2021															(1,153	)		(1,153	)
Changes in Operating Assets and Liabilities:
Balance, April 30, 2021		1		$	1			120,850,000	$	1,209	$	-		$	(119,852		$	(118.642	)
Accounts payable		4,705			9,558
Net loss for the period ended July 31, 2021															(8,564	)		(8,564	)
Net Cash Used in Operating Activities		(8,941	)		(11,625	)
Balance, July 31, 2021		1		$	1			120,850,000	$	1,209	$	0		$	(128,416	)	$	(127,206	)
CASH FLOWS FROM INVESTING ACTIVITIES:		-			-
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from related parties		8,941			11,620
Net Cash Provided by Financing Activities		8,941			11,620
Net Change in Cash		-			(5	)
Cash at Beginning of Period		1			6
Cash at End of Period	$	1		$	1
Cash paid during the period for:
Interest	$	-		$	-
Income taxes	$	-		$	-

~~The accompanying notes are an integral part of these unaudited condensed financial statements.~~4

5BLACK ROCK PETROLEUM COMPANY

~~BLACK~~STATEMENTS ~~ROCK~~OF ~~PETROLEUM~~CASH ~~COMPANY~~FLOWS

~~NOTES~~FOR TOTHE ~~CONDENSED~~THREE ~~FINANCIAL~~MONTHS ~~STATEMENTS~~ENDED JULY 31, 2021 AND 2020

January 31, 2021

	Three months ended July 31, 2021			Three months ended July 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss for the period	$	(8,564	)	$	(6,942	)
Changes in assets and liabilities:
Increase (decrease) in accounts payable		5,538			1,432
Net Cash Used by Operating Activities		(3,026	)		(5,510	)

CASH FLOWS FROM INVESTING ACTIVITIES
Net Cash Used by Investing Activities		0

CASH FLOWS FROM FINANCING ACTIVITIES
Advances from related parties		3,026			5,510
Loan payable		0			0
Contributed capital		0			0
Net Cash Provided by Financing Activities		3,026			5,510


Net Increase (Decrease) in Cash and Cash Equivalents		(0	)		(0	)

Cash and cash equivalents, beginning of period		0			1
Cash and cash equivalents, end of period	$	0			1

SUPPLEMENTAL CASH FLOW INFORMATION
Interest paid	$	0
Income taxes paid	$	0

NON-CASH INVESTING AND FINANCING INFORMATION

~~(Unaudited)~~See accompanying notes to financial statements.

~~NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS~~5

~~Black~~BLACK ~~Rock~~ROCK ~~Petroleum~~PETROLEUM Company, (“Black Rock” or “The Company”) located at 1361 Peltier Drive, Point Roberts WA, 98281, was formed on April 24, 2013 under the laws of the State of Nevada. We have not commenced our planned operations. The Company’s fiscal year end is April 30.COMPANY

WeNOTES ~~are~~TO aTHE ~~start-up,~~FINANCIAL oil and gas exploration stage corporation and distributor of oil field equipment. An exploration stage corporation is one engaged in the search for oil and gas reserves which are not in either the development or production stage. We have only recently acquired an entity with an oilfield on its property. We have not yet generated or realized any revenues from our business operations.STATEMENTS

~~NOTE~~JULY 231, ~~- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES~~2021

~~Basis~~NOTE of1 ~~presentation~~– ORGANIZATION AND DESCRIPTION OF BUSINESS

~~The~~Black ~~Company’s~~Rock ~~unaudited~~Petroleum ~~condensed financial~~Company, ~~statements have been prepared in accordance with accounting principles generally accepted in the United States of America~~ (“~~U.S.~~Black ~~GAAP~~Rock”). or “The ~~accompanying~~Company”) ~~unaudited~~located ~~condensed~~at ~~financial~~1361 ~~statements~~Peltier ~~reflect all adjustments~~Drive, ~~consisting~~Point ofRoberts ~~only normal recurring items~~WA, ~~which~~98281, inwas ~~the~~formed ~~opinion~~on ofApril ~~management~~24, ~~are~~2013 ~~necessary~~under ~~for~~the alaws ~~fair presentation~~ of the State ~~results~~ of ~~operations for~~Nevada. We ~~the~~have ~~periods shown and are~~ not ~~necessarily~~commenced ~~indicative~~our ofplanned ~~the results to be expected for the full year ending April 30, 2021~~operations. ~~These~~ ~~unaudited~~The ~~condensed financial statements should be read in conjunction with the financial statements and related notes included in the~~ Company’s ~~Annual~~fiscal ~~Report on Form 10-K for the~~ year ~~ended~~end is April 30~~, 2020~~.

~~Use~~On March 15, 2021, the Company believed it had completed a transaction whereby it acquired One Hundred percent (100%) of ~~estimates~~the ownership interests of Torrance Petroleum LLC, a Wyoming limited liability company, in exchange for transfer of Sixty Million Four Hundred Twenty-five Thousand (60,425,000) restricted shares of Company common stock, $0.00001 par value, (the “BKRP Common Shares”) owned by Zoltan Nagy, President/CEO of the Company, to the Seller, Affluence Projects LLC, a Delaware limited liability company. The original agreement provided that, in addition to transfer of the BKRP Common Shares to Seller, the Company would issue to Seller shares of a new class of preferred stock, i.e., Fifty Million (50,000,000) shares of Series A Preferred Stock. The amended agreement eliminated the shares of Series A Preferred Stock being issued to the Seller. As a result, no additional shares of Company stock were issued by the Company pursuant to the transaction, as the BKRP Shares being transferred to the Seller had been owned by Mr. Nagy and, thus, were already counted in the number of common shares issued and outstanding prior to the closing of the transaction.

~~The~~Torrance ~~preparation~~Petroleum ofLLC ~~financial~~has ~~statements~~not fulfilled inits ~~conformity~~obligations ~~with~~to ~~generally~~complete ~~accepted~~the ~~accounting~~transaction ~~principles~~despite ~~requires~~all ~~management~~assurances. toBlack ~~make~~Rock ~~estimates~~Petroleum ~~and~~Company ~~assumptions~~therefore ~~that~~unilaterally ~~affect~~rescinds the agreement ~~reported~~as ~~amounts~~integral ofconditions ~~assets~~have ~~and~~not ~~liabilities~~been ~~and~~met. ~~disclosure~~The ofCompany ~~contingent~~agrees ~~assets~~to ~~and~~return ~~liabilities at~~ the ~~date~~mineral rights of the ~~financial~~520 ~~statements~~acre oil field in Torrance California ~~and~~back to the ~~reported~~seller ~~amounts~~in ofexchange ~~revenues~~for ~~and~~the ~~expenses~~return ~~during~~of ~~the~~60,425,000 ~~reporting~~shares ~~period.~~to ~~Actual~~Zoltan ~~results~~Nagy ~~may~~President ~~differ~~of ~~from~~Black ~~those~~Rock ~~estimates~~Petroleum Company.

~~Recently~~We ~~issued~~have ~~accounting~~not ~~pronouncements~~generated any operating revenues to date.

~~The~~NOTE ~~Company~~2 ~~has~~– ~~implemented~~SUMMARY ~~all~~OF ~~new~~SIGNIFICANT ~~accounting pronouncements~~ACCOUNTING that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.POLICIES

~~NOTE~~Basis 3of ~~– GOING CONCERN~~Presentation

AsThe ~~reflected in the accompanying unaudited condensed financial statements, the~~ Company’s has an accumulated deficit of $132,344 at January 31, 2021, has no current operations and has generated no income to date. These factors raise substantial doubt about its ability to continue as a going concern. The financial statements have been prepared ~~assuming~~in ~~that~~accordance ~~the~~with ~~Company~~accounting ~~will~~principles ~~continue~~generally asaccepted ain ~~going concern. These financial statements do not include any adjustments relating to~~ the ~~recoverability~~United ~~and~~States ~~classification~~ of ~~recorded~~America ~~asset~~(“U.S. ~~amounts or amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern~~GAAP”).

6Use of Estimates

~~NOTE~~The 4preparation –of ~~RELATED~~financial ~~PARTY~~statements ~~TRANSACTIONS~~in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Since the fiscal year ended April 30, 2016, Zoltan Nagy, CEO and Director, has advanced the Company funds to pay for general operating expenses. As of January 31, 2021, and April 30, 2020, $74,545 and $65,604, respectively, is due to Mr. Nagy. The amount due is unsecured, non-interest bearing and due on demand.6

~~NOTE~~Fair 5value –of ~~LOAN~~financial ~~PAYABLE~~instruments

~~During~~The Company follows paragraph 825-10-50-10 of the ~~year~~FASB ~~ended~~Accounting ~~April~~Standards ~~30,~~Codification ~~2020,~~for ~~Walter~~disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of ~~Weeks~~the FASB Accounting Standards Codification (~~Note~~“Paragraph 6820-10-35-37”) ~~advanced~~to measure the ~~Company~~fair ~~$5,000~~value ~~that~~of ~~was~~its ~~used~~financial instruments. Paragraph 820-10-35-37 establishes a framework for ~~professional~~measuring ~~fees~~fair value in accounting principles generally accepted in the United States of America (U.S. ~~The~~GAAP), ~~advance~~and isexpands ~~unsecured~~disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, ~~non~~Paragraph 820-~~interest~~10-35-37 ~~bearing~~establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and ~~due~~the onlowest ~~demand~~priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below:

~~NOTE~~Level 61: –Quoted ~~CONTRIBUTED~~market ~~CAPITAL~~prices available in active markets for identical assets or liabilities as of the reporting date.

~~During~~Level ~~the~~2: ~~year~~Pricing ~~ended~~inputs ~~April~~other ~~30,~~than ~~2020,~~quoted ~~Mr.~~prices ~~Weeks~~in ~~contributed~~active ~~$17,125~~markets toincluded ~~the~~in ~~Company~~Level as1, ~~part~~which ofare aeither ~~planned~~directly ~~merger~~or ~~agreement~~indirectly ~~that~~observable ~~was~~as ~~not~~of ~~completed.~~the ~~The~~reporting ~~contributed capital was also used to pay for professional fees~~date.

~~NOTE~~Level 73: –Pricing ~~SUBSEQUENT~~inputs ~~EVENTS~~that are generally unobservable inputs and not corroborated by market data.

~~Management~~The ~~has~~carrying ~~evaluated~~amount ~~subsequent~~of ~~events pursuant~~the toCompany’s ~~the~~financial assets ~~requirements~~and ofliabilities, ~~ASC~~such ~~Topic~~as ~~855,~~cash ~~from~~and ~~the~~accounts ~~balance~~payable ~~sheet~~approximate ~~date~~their ~~through~~fair ~~the~~value ~~date~~because of the ~~financial~~short ~~statements~~maturity ~~were~~of ~~available~~those instruments. to The beCompany’s ~~issued~~notes ~~and~~payable ~~has~~approximates ~~determined~~the ~~that~~fair ~~there~~value ~~are~~of nosuch ~~material~~instruments ~~subsequent~~based ~~events~~upon management’s best estimate of interest rates that ~~require~~would ~~disclosure~~be inavailable ~~these~~to the Company for similar financial ~~statements~~arrangements at July 31, 2021.

OnIncome December 3, 2020, the Company announced it has executed a contract to acquire 100% ownership of Torrance Petroleum Co, a Wyoming entity that holds a 520 Acre California Oilfield in the Monterey Shale. Torrance Petroleum will become a wholly owned subsidiary the Company, via a transaction that has been structured as a stock-for-stock exchange. The oil field will now be the Company’s core focus. Philip Andrews a Irish Citizen and experienced oil and gas executive has been named Managing Director, and he will oversee the permitting and drilling plans of the 520 acre development with plans for ten initial wells to be drilled to bring the field into production, he will also be seeking additional potential oil and gas opportunities in the USA and internationally for the Company to acquire as part of its rapid expansion plans. As of the date of this filing the agreement has terminated due to obligations to issue shares of stock not being met in the time required. The Company is pursuing a possible extension to the agreement.Taxes

7The Company follow ASC 740-10-30, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the fiscal year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the fiscal years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Income in the period that includes the enactment date.

~~ITEM~~On 2December 22, 2017, the Tax Cuts and Jobs Act (TCJA) was signed into law by the President of the United States. ~~MANAGEMENT’S~~TCJA ~~DISCUSSION~~is ~~AND~~a ~~ANALYSIS~~tax OFreform ~~FINANCIAL~~act ~~CONDITION~~that ~~AND~~among ~~RESULTS~~other OFthings, ~~OPERATIONS~~reduced corporate tax rates to 21 percent effective January 1, 2018. FASB ASC 740, Income Taxes, requires deferred tax assets and liabilities to be adjusted for the effect of a change in tax laws or rates in the year of enactment, which is the year in which the change was signed into law. Accordingly, the Company adjusted its deferred tax assets and liabilities at December 31,2017, using the new corporate tax rate of 21 percent. See Note 5.

~~This~~The ~~section~~Company ofadopted ~~this~~ASC ~~quarterly~~740-10-25 ~~report includes~~(“ASC a740-10-25”) ~~number~~with ofregard ~~forward~~to uncertainty income taxes. ASC 740-~~looking~~10-25 ~~statements~~addresses ~~that~~the ~~reflect~~determination ~~our~~of ~~current~~whether ~~views~~tax ~~with~~benefits ~~respect~~claimed or expected to ~~future~~be ~~events~~claimed ~~and~~on a tax return should be recorded in the financial ~~performance~~statements. ~~Forward~~ Under ASC 740-~~looking~~10-25, ~~statements~~we ~~are~~may ~~often~~recognize the ~~identified~~tax bybenefit ~~words~~from ~~like:~~an ~~believe,~~uncertain ~~expect,~~tax ~~estimate,~~position ~~anticipate,~~only ~~intend,~~if ~~project~~it ~~and~~is ~~similar expressions,~~more orlikely ~~words~~than ~~which,~~not that the tax position will be sustained on examination by ~~their~~the ~~nature~~taxing authorities, ~~refer~~based toon ~~future~~the ~~events.~~technical ~~You~~merits ~~should~~of ~~not~~the ~~place~~position. The ~~undue~~tax ~~certainty~~benefits onrecognized ~~these~~in ~~forward-looking~~ the financial statements, from ~~which~~such ~~apply~~a ~~only~~position asshould ofbe measured based on the ~~date~~largest benefit that has a greater than 50% likelihood of ~~this~~being ~~report~~realized upon ultimate settlement. ~~These~~ASC ~~forward~~740-~~looking~~10-25 ~~statements~~also ~~are~~provides ~~subject~~guidance toon ~~certain~~derecognition, ~~risks~~classification, interest and ~~uncertainties that~~penalties ~~could~~on ~~cause~~income ~~actual~~taxes, ~~results~~and toaccounting in ~~differ~~interim ~~materially~~periods ~~from~~and ~~historical~~requires ~~results~~increased ~~or our predictions~~disclosures.

~~Plan~~We had no material adjustments to our liabilities for unrecognized income tax benefits according to the provisions of ~~Operation~~ASC 740-10-25.

We are a start-up, oil and gas exploration stage corporation and distributor of oil field equipment. An exploration stage corporation is one engaged in the search for oil and gas reserves which are not in either the development or production stage. We have only recently acquired an entity with an oilfield on its property. We have not yet generated or realized any revenues from our business operations.7

OnNet ~~December~~income 3,(loss) ~~2020,~~per ~~the~~common Company announced it has executed a contract to acquire 100% ownership of Torrance Petroleum Co, a Wyoming entity that holds a 520 Acre California Oilfield in the Monterey Shale. Torrance Petroleum will become a wholly owned subsidiary the Company, via a transaction that has been structured as a stock-for-stock exchange. The oil field will now be the Company’s core focus. Philip Andrews a Irish Citizen and experienced oil and gas executive has been named Managing Director, and he will oversee the permitting and drilling plans of the 520 acre development with plans for ten initial wells to be drilled to bring the field into production, he will also be seeking additional potential oil and gas opportunities in the USA and internationally for the Company to acquire as part of its rapid expansion plans.share

~~Results~~Net income (loss) per common share is computed pursuant to section 260-10-45 of ~~Operations~~the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period. The weighted average number of common shares outstanding and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period presented. There were no potentially dilutive shares for the years ended July 31, 2021 and 2020.

WeRecently ~~have~~issued ~~not~~accounting ~~yet recognized any revenue as of January 31, 2021.~~pronouncements

~~For~~In February 2016, the ~~three months~~FASB ~~ended~~issued ~~January~~ASU 312016-02, Leases ~~2021~~(Topic 842). ~~our~~ASU ~~net~~2016-02 ~~loss~~requires ~~was~~lessees ~~$5,484~~to ~~compared~~recognize tolease ~~$19,228~~assets ~~for~~and lease liabilities on the ~~three~~balance ~~months~~sheet ~~ended~~and requires ~~January~~expanded ~~31,~~disclosures ~~2020~~about leasing arrangements. ~~During~~The new standard supersedes the present U.S. GAAP standard on leases and ~~current~~requires ~~period~~substantially weall ~~incurred~~leases ~~$4,710~~to be reported on the balance sheet as right-of-use assets and lease obligations. ASU 2016-02 is effective for ~~audit~~fiscal years beginning after December 15, ~~accounting~~2018 and ~~filing~~interim ~~expense~~periods ~~and~~in ~~$774~~fiscal ofyears ~~interest~~beginning ~~expense~~after December 15, 2018, with early adoption permitted. InThere ~~the~~has ~~prior~~been ~~period~~no ~~we incurred~~material ~~$18,750~~impact ~~for~~on ~~audit~~our ~~and~~financial ~~accounting~~statements ~~expense~~as ~~and~~a ~~$478~~result of ~~interest~~adopting ~~expense~~this standard.

~~For~~On June 20, 2018, the ~~nine~~Financial ~~months~~Accounting Standards ~~ended~~Board ~~January~~(FASB) 31issued Accounting Standards Update (ASU) 2018-07, Compensation—Stock ~~2021~~Compensation ~~our~~(Topic ~~net~~718): ~~loss~~Improvements to ~~was~~Nonemployee ~~$13,646~~Share-Based ~~compared~~Payment Accounting. ASU 2018-07 is intended to ~~$21,183~~reduce cost and complexity and to improve financial reporting for ~~the~~share-based ~~nine~~payments ~~months~~to ~~ended~~nonemployees ~~January~~(for 31example, ~~2020~~service providers, external legal counsel, suppliers, etc.). ~~During~~Under the ~~current~~new standard, ~~period~~companies wewill ~~incurred~~no ~~$11,440~~longer ~~for~~be ~~audit,~~required ~~accounting~~to ~~and~~value ~~filing~~non-employee ~~expense~~awards ~~and~~differently ~~$2,206~~from ofemployee ~~interest expense~~awards. InMeaning that companies will value all equity classified awards at their grant-date under ASC718 and forgo revaluing the ~~prior~~award ~~period~~after wethis ~~incurred~~date. The Company has chosen to ~~$19,750~~early ~~for~~adopt ~~audit~~this ~~and~~standard. ~~accounting~~There ~~expense~~has ~~and~~been ~~$1,433~~no material impact on our financial statements as a result of ~~interest~~adopting ~~expense~~this standard.

~~Liquidity~~The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and ~~Capital~~the ~~Resources~~Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

AsNOTE of3 ~~January~~– ~~31,~~GOING 2021, we have no available cash, liabilities of $114,011 and an accumulated deficit of $132,344. During the nine months ended January 31, 2021 we used $8,941 of cash in operations and received $8,941 from our CEO to pay for operating expenses.CONCERN

~~Our~~As ~~sole~~reflected ~~officer and~~in ~~director~~the isaccompanying ~~willing~~financial tostatements, the ~~advance~~Company ~~funds~~has toan usaccumulated ondeficit anof $128,416 as ~~needed~~at ~~basis~~July ~~until~~31, ~~such~~2021, ~~time~~has asno wecurrent ~~can~~operations ~~sustain~~and ~~our~~has ~~operations~~generated ~~without~~no ~~his assistance. At~~income ~~the~~to ~~present~~date. These ~~time,~~factors weraise ~~have~~substantial ~~not~~doubt ~~made~~about ~~any~~its ~~arrangements~~ability to ~~raise~~continue ~~additional~~as ~~cash,~~a ~~other~~going ~~than~~concern. ~~through~~The asfinancial ~~described herein.~~statements Ifhave webeen ~~need~~prepared ~~additional~~assuming that ~~cash~~the ~~and~~Company ~~can’t~~will ~~raise~~continue ~~it,~~as ora Mrgoing concern. ~~Nagy~~These ~~will~~financial statements do not ~~advance~~include any adjustments relating to the ~~same,~~recoverability and weclassification ~~will~~of ~~either~~recorded ~~have~~asset toamounts ~~suspend operations~~or ~~until~~amounts weand doclassification ~~raise~~of liabilities that might be necessary should the ~~cash~~Company orbe unable ~~cease~~to ~~operations~~continue ~~entirely~~as a going concern. ~~Other~~The ~~than~~Company asis ~~described~~currently inseeking ~~this~~an ~~paragraph,~~acquisition weopportunity ~~have~~with noa ~~other financing~~company ~~plans~~in the mining sector.

8NOTE 4 – RELATED PARTY TRANSACTIONS

~~ITEM~~Since 3the fiscal year ended April 30, 2016, Zoltan Nagy, CEO and Director, has advanced the Company funds to pay for general operating expenses. ~~QUANTITATIVE~~As ~~AND~~of ~~QUALITATIVE~~July ~~DISCLOSURES~~31, ~~ABOUT~~2021 ~~MARKET~~and ~~RISK~~April 30, 2021, $80,458 and $77,432, respectively, is due to Mr. Nagy. The amount due is unsecured, non-interest bearing and due on demand.

WeNOTE ~~are~~5 a– ~~smaller~~LOAN ~~reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information under this item.~~PAYABLE

~~ITEM~~During 4the year ended April 30, 2021, Walter Weeks advanced the Company $32,125. ~~CONTROLS~~The ~~AND~~loan ~~PROCEDURES~~is unsecured, non-interest bearing and due on demand.

~~Evaluation~~NOTE of6 ~~Disclosure~~– ~~Controls~~SUBSEQUENT ~~and Procedures~~EVENTS

WeManagement ~~maintain~~has ~~“disclosure~~evaluated ~~controls~~subsequent ~~and~~events ~~procedures,”~~pursuant ~~as such term is defined in Rule 13a-15(e) under the Securities Exchange Act of 1934 (the “Exchange Act”), that are designed~~ to ~~ensure that information required to be disclosed in our Exchange Act reports is recorded, processed, summarized and reported within~~ the ~~time~~requirements periods specified in the Securities and Exchange Commission rules and forms, and that such information is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. We conducted an evaluation (the “Evaluation”), under the supervision and with the participation of ~~our~~ASC ~~Chief~~Topic ~~Executive Officer (“CEO”) and Chief Financial Officer (“CFO”)~~855, offrom the ~~effectiveness~~balance ofsheet ~~the~~date ~~design~~through ~~and operation of our disclosure controls and procedures (“Disclosure Controls”) as of~~ the ~~end~~date of the ~~period~~financial ~~covered~~statement bywere ~~this report pursuant~~ available to ~~Rule~~be ~~13a-15~~issued ~~of the Exchange Act. Based on this Evaluation, our CEO~~ and ~~CFO~~has ~~concluded~~determined that ~~our~~there ~~Disclosure~~are ~~Controls~~no ~~were~~material ~~not~~subsequent ~~effective~~events asthat ofrequire ~~the~~disclosure ~~end~~in ofthese ~~the~~financial ~~period covered by this report~~statements.

~~Changes in Internal Controls~~8

~~There were no changes in our internal control~~ITEM ~~over~~2. ~~financial~~MANAGEMENT’S ~~reporting~~DISCUSSION ~~during~~AND ~~the~~ANALYSIS ~~quarter~~OF ~~ended~~FINANCIAL ~~January~~CONDITION ~~31,~~AND ~~2021~~RESULTS ~~that~~OF ~~have affected, or are reasonably likely to affect, our internal control over financial reporting.~~OPERATIONS

9This section of this quarterly report includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of this report. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.

~~PART~~Plan of ~~II - OTHER INFORMATION~~Operation

~~ITEM~~We are 1a start-up, oil and gas exploration stage corporation and distributor of oil field equipment. ~~LEGAL~~We ~~PROCEEDINGS~~have not yet generated or realized any revenues from our business operations. We do not own any interest in any oil and gas leases or properties. An exploration stage corporation is one engaged in the search for oil and gas reserves which are not in either the development or production stage.

~~There are no claims, actions, suits, proceedings,~~Results ~~or investigations that are currently pending or, to the Company’s knowledge, threatened by or against the Company or respecting its operations or assets, or by or against any~~ of ~~the Company’s officers, directors, or affiliates.~~Operations

~~ITEM~~We have ~~1A.~~not ~~RISK~~yet ~~FACTORS~~recognized any revenue as of July 31, 2020.

WeFor ~~are~~the athree ~~smaller~~months ~~reporting~~ended ~~company~~July as31, ~~defined~~2020 byour ~~Rule~~net ~~12b-2~~loss ofwas $6,942 compared to $478 for the ~~Securities~~three ~~Exchange~~months ~~Act~~ended ofJuly ~~1934~~31, ~~and~~2019. During the current period we incurred $5,510 for asaudit, ~~such~~accounting and filing expense and $1,432 ~~are~~of ~~not~~interest ~~required~~expense. toOur ~~provide~~only expense in the ~~information~~prior ~~under~~period ~~this~~was ~~Item~~for interest expense on a past due payable.

~~ITEM~~Liquidity 2.and ~~UNREGISTERED~~Capital ~~SALES OF EQUITY SECURITIES AND USE OF PROCEEDS~~Resources

~~None~~As of July 31, 2020, we have no available cash, liabilities of $107,307 and an accumulated deficit of $125,640. During the three months ended July 31, 2020 we used $5,510 of cash in operations and received $5,510 from our CEO to pay for operating expenses.

~~ITEM~~Our sole 3officer and director is willing to advance funds to us on an as needed basis until such time as we can sustain our operations without his assistance. ~~DEFAULTS~~At ~~UPON~~the ~~SENIOR~~present ~~SECURITIES~~time, we have not made any arrangements to raise additional cash, other than through as described herein. If we need additional cash and can’t raise it, or Mr. Nagy will not advance the same, we will either have to suspend operations until we do raise the cash or cease operations entirely. Other than as described in this paragraph, we have no other financing plans.

~~None~~ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

~~ITEM~~We are 4.a ~~MINING~~smaller ~~SAFETY~~reporting ~~DISCLOSURES~~company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information under this item.

~~Not applicable~~ITEM 4. CONTROLS AND PROCEDURES

~~ITEM~~Evaluation of 5.Disclosure ~~OTHER~~Controls ~~INFORMATION~~and Procedures

~~None~~We maintain “disclosure controls and procedures,” as such term is defined in Rule 13a-15(e) under the Securities Exchange Act of 1934 (the “Exchange Act”), that are designed to ensure that information required to be disclosed in our Exchange Act reports is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission rules and forms, and that such information is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. We conducted an evaluation (the “Evaluation”), under the supervision and with the participation of our Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”), of the effectiveness of the design and operation of our disclosure controls and procedures (“Disclosure Controls”) as of the end of the period covered by this report pursuant to Rule 13a-15 of the Exchange Act. Based on this Evaluation, our CEO and CFO concluded that our Disclosure Controls were not effective as of the end of the period covered by this report.

~~ITEM~~Changes in 6.Internal ~~EXHIBITS~~Controls

Exhibit		Document Description
31.1		Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1		Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

There were no changes in our internal control over financial reporting during the quarter ended July 31, 2020 that have affected, or are reasonably likely to affect, our internal control over financial reporting.

109

~~SIGNATURES~~PART II - OTHER INFORMATION

~~Pursuant to the requirements of Section~~ITEM 131. orLEGAL ~~15(d) the Securities Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.~~PROCEEDINGS

~~BLACK~~There are ~~ROCK~~no ~~PETROLEUM~~claims, ~~COMPANY~~actions, ~~BY:~~suits, ~~/s/~~proceedings, ~~Zoltan~~or ~~Nagy~~investigations ~~Zoltan~~that ~~Nagy~~are ~~President~~currently pending or, ~~Principal~~to ~~Executive~~the ~~Officer~~Company’s knowledge, threatened ~~Principal~~by ~~Financial~~or ~~Officer,~~against ~~Principal~~the ~~Accounting~~Company ~~Officer~~or respecting its operations or assets, ~~Secretary/Treasurer~~or ~~and~~by ~~sole~~or ~~member~~against any of the ~~Board~~Company’s ofofficers, directors, ~~Directors~~or affiliates.

~~Pursuant to the requirements of the Securities~~ITEM ~~Exchange~~1A. ~~Act~~RISK ~~of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the date indicated.~~FACTORS

Signature	Title	Date
/s/ Zoltan Nagy	President, Principal Executive Officer,	March 4, 2021
Zoltan Nagy	Principal Financial Officer, Principal Accounting Officer, Secretary/Treasurer and sole member of the Board of Directors

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and, as such, are not required to provide the information under this Item.

11ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

None

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4. MINING SAFETY DISCLOSURES

Not applicable.

ITEM 5. OTHER INFORMATION

None

ITEM 6. EXHIBITS

Exhibit		Document Description
31.1		Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

32.1		Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) the Securities Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	BLACK ROCK PETROLEUM COMPANY

	BY:	/s/ Zoltan Nagy
		Zoltan Nagy
		President, Principal Executive Officer, Principal Financial Officer, Principal Accounting Officer, Secretary/Treasurer and sole member of the Board of Directors

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the date indicated.

*Signature*	*Title*	*Date*

/s/ Zoltan Nagy	President, Principal Executive Officer,	December 23, 2022
Zoltan Nagy	Principal Financial Officer, Principal Accounting Officer, Secretary/Treasurer and sole member of the Board of Directors

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