BlackRock Energy and Resources Trust (BGR)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-21656

Name of Fund: BlackRock Energy and Resources Trust (BGR)

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock Energy and Resources Trust, 55 East 52nd Street, New York, NY 10055

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

Date of fiscal year end: 10/31/2011

Date of reporting period: 07/31/2011

Item 1    –    Schedule of Investments

Schedule of Investments July 31, 2011 (Unaudited)    BlackRock Energy and Resources Trust (BGR)
   (Percentages shown are based on Net Assets)

 

      Shares      Value  

Common Stocks

      

Construction & Engineering – 0.6%

      

MYR Group, Inc.(a)

      239,231       $ 5,810,921   
     

 

 

  

Energy Equipment & Services – 17.2%

      

Baker Hughes, Inc.(b)

      93,300         7,219,554   

Cameron International Corp.(a)(b)

      446,000         24,949,240   

Core Laboratories NV(b)

      84,300         9,161,724   

Halliburton Co.(b)

      550,600         30,134,338   

National Oilwell Varco, Inc.(b)

      365,500         29,448,335   

Schlumberger Ltd.(b)

      128,000         11,567,360   

Technip SA

      197,800         21,658,374   

Transocean Ltd.(b)

      265,200         16,325,712   

Weatherford International Ltd.(a)(b)

      563,000         12,340,960   
     

 

 

  
        162,805,597   
     

 

 

  

Metals & Mining – 2.3%

      

Goldcorp, Inc.(b)

      88,300         4,221,623   

Pan American Silver Corp.(b)

      177,100         5,344,878   

Silver Wheaton Corp.(b)

      346,000         12,483,680   
     

 

 

  
        22,050,181   
     

 

 

  

Oil, Gas & Consumable Fuels – 71.9%

      

Alpha Natural Resources, Inc.(a)(b)

      1,172,677         50,085,035   

AltaGas Ltd.

      470,900         13,040,990   

Anadarko Petroleum Corp.(b)

      386,900         31,942,464   

Apache Corp.(b)

      204,100         25,251,252   

Arch Coal, Inc.(b)

      535,300         13,703,680   

Bankers Petroleum Ltd.(a)

      1,163,500         7,306,505   

Brigham Exploration Co.(a)(b)

      652,300         20,743,140   

Cabot Oil & Gas Corp.(b)

      186,300         13,801,104   

Cheniere Energy, Inc.(a)(b)(c)

      2,196,400         22,622,920   

Cimarex Energy Co.(b)

      148,000         13,041,760   

Consol Energy, Inc.

      257,100         13,780,560   

Crescent Point Energy Corp.

      313,000         14,070,176   

DCP Midstream Partners LP

      144,800         5,954,176   

El Paso Corp.(b)

      732,900         15,061,095   

Energy XXI (Bermuda) Ltd.(a)(b)

      444,900         14,597,169   

EOG Resources, Inc.(b)

      294,000         29,988,000   

EQT Corp.(b)

      468,100         29,714,988   

EXCO Resources, Inc.(b)

      572,000         9,100,520   

James River Coal Co.(a)(b)

      722,200         13,692,912   

Keyera Corp.

      429,767         19,746,477   

Kosmos Energy Ltd.(b)

      959,600         14,576,324   

Magnum Hunter Resources Corp.(a)(b)

      503,000         3,611,540   

MarkWest Energy Partners LP

      206,200         9,559,432   

Nuvista Energy Ltd.

      590,800         6,331,877   

Occidental Petroleum Corp.(b)

      357,300         35,079,714   

ONEOK Partners LP

      352,800         14,994,000   

Peabody Energy Corp.(b)

      469,600         26,987,912   

Pembina Pipeline Corp.

      277,000         7,317,473   

Penn Virginia Corp.

      872,600         11,448,512   

Petroleo Brasileiro SA - ADR

      548,900         16,867,697   

Petroleum Development Corp.(a)(b)

      158,900         5,771,248   

Plains All American Pipeline LP(b)

      171,900         10,688,742   

QEP Resources, Inc.

      188,400         8,257,572   

Range Resources Corp.(b)

      368,300         23,998,428   

Royal Dutch Shell Plc, Class A - ADR

      227,600         16,742,256   

SM Energy Co.(b)

      77,000         5,801,950   

Southwestern Energy Co.(a)(b)

      455,000         20,274,800   

Targa Resources Partners LP

      135,100         4,651,493   

Whiting Petroleum Corp.(a)(b)

      780,600         45,743,160   

Williams Partners LP

      293,100         16,354,980   
     

 

 

  
        682,304,033   
     

 

 

  

Total Long-Term Investments
(Cost – $660,599,656) – 92.0%

         872,970,732   
     

 

 

  
      Shares/
Beneficial
Interest		         

Short-Term Securities

      

BlackRock Liquidity Funds, TempFund, Institutional Class,

      

0.06%(d)(e)

      95,896,231         95,896,231   

BlackRock Liquidity Series, LLC Money Market Series,

      

0.09%(d)(e)(f)

    $ 3,689,700         3,689,700   
     

 

 

  

Total Short-Term Securities
(Cost – $99,585,931) – 10.5%

         99,585,931   
     

 

 

  

Total Investments Before Outstanding Options Written
(Cost – $760,185,587*) – 102.5%

         972,556,663   
     

 

 

  
      Contracts         

Options Written

      

Exchange-Traded Call Options Written – (1.0)%

      

Alpha Natural Resources, Inc.:

      

Strike Price USD 49, Expires 8/22/11

      900         (25,650 ) 

Strike Price USD 46, Expires 8/22/11

      950         (76,950 ) 

Strike Price USD 47, Expires 8/22/11

      500         (29,250 ) 

Anadarko Petroleum Corp.:

      

Strike Price USD 75, Expires 8/22/11

      400         (329,000 ) 

Strike Price USD 82.50, Expires 8/22/11

      325         (93,762 ) 

Strike Price USD 82.50, Expires 11/21/11

      600         (406,500 ) 

Apache Corp.:

      

Strike Price USD 125, Expires 8/22/11

      700         (227,500 ) 

Strike Price USD 120, Expires 8/22/11

      600         (369,000 ) 

Arch Coal, Inc.:

      

Strike Price USD 27, Expires 8/22/11

      940         (50,290 ) 

Strike Price USD 28, Expires 8/22/11

      940         (27,260 ) 

Baker Hughes, Inc., Strike Price USD 75, Expires 8/22/11

      325         (126,750 ) 

Brigham Exploration Co.:

      

Strike Price USD 29, Expires 8/22/11

      930         (316,200 ) 

Strike Price USD 35, Expires 10/24/11

      1,350         (216,000 ) 

Cabot Oil & Gas Corp.:

      

Strike Price USD 67.50, Expires 8/22/11

      3         (2,250 ) 

Strike Price USD 62.50, Expires 8/22/11

      165         (202,950 ) 

Strike Price USD 65, Expires 8/22/11

      165         (163,350 ) 

Cameron International Corp.:

      

Strike Price USD 52.50, Expires 11/21/11

      800         (532,000 ) 

Strike Price USD 55, Expires 11/21/11

      600         (312,000 ) 

Strike Price USD 57.50, Expires 11/21/11

      150         (58,500 ) 

Cheniere Energy, Inc., Strike Price USD 11, Expires 8/22/11

      300         (16,500 ) 

Cimarex Energy Co., Strike Price USD 95, Expires 8/22/11

      500         (47,500 ) 

 

         JULY 31, 2011   1

Schedule of Investments (continued)    BlackRock Energy and Resources Trust (BGR)
   (Percentages shown are based on Net Assets)

 

      Contracts      Value  

Options Written

      

Exchange-Traded Call Options Written (continued)

      

Core Laboratories NV, Strike Price USD 117, Expires 8/31/11

      165       $ (9,005 ) 

El Paso Corp.:

      

Strike Price USD 20, Expires 8/22/11

      180         (19,260 ) 

Strike Price USD 21, Expires 8/22/11

      180         (10,170 ) 

Strike Price USD 22, Expires 11/01/11

      2,000         (157,260 ) 

Energy XXI (Bermuda) Ltd.:

      

Strike Price USD 35, Expires 8/22/11

      250         (19,375 ) 

Strike Price USD 33, Expires 8/22/11

      560         (88,200 ) 

Strike Price USD 36, Expires 9/19/11

      250         (30,000 ) 

EOG Resources, Inc.:

      

Strike Price USD 105, Expires 8/22/11

      900         (201,600 ) 

Strike Price USD 110, Expires 8/22/11

      150         (13,125 ) 

EQT Corp., Strike Price USD 60, Expires 9/19/11

      620         (331,700 ) 

EXCO Resources, Inc.:

      

Strike Price USD 19, Expires 8/22/11

      1,000         (5,000 ) 

Strike Price USD 20, Expires 8/22/11

      1,000         (10,000 ) 

Goldcorp, Inc.:

      

Strike Price USD 48, Expires 8/22/11

      65         (9,848 ) 

Strike Price USD 57.50, Expires 9/19/11

      245         (6,738 ) 

Halliburton Co., Strike Price USD 48, Expires 8/22/11

      150         (106,875 ) 

James River Coal Co.:

      

Strike Price USD 22, Expires 8/22/11

      1,060         (21,200 ) 

Strike Price USD 21, Expires 8/22/11

      500         (17,500 ) 

Strike Price USD 23, Expires 8/22/11

      876         (13,140 ) 

Strike Price USD 24, Expires 9/19/11

      124         (2,170 ) 

Kosmos Energy Ltd., Strike Price USD 16, Expires 11/01/11

      2,800         (190,599 ) 

Magnum Hunter Resources Corp., Strike Price USD 7.50, Expires 11/21/11

      2,460         (202,950 ) 

National Oilwell Varco, Inc.:

      

Strike Price USD 80, Expires 11/21/11

      100         (71,500 ) 

Strike Price USD 82.50, Expires 11/21/11

      250         (147,500 ) 

Strike Price USD 77.50, Expires 11/21/11

      250         (213,125 ) 

Strike Price USD 85, Expires 11/21/11

      200         (96,000 ) 

Strike Price USD 75, Expires 11/21/11

      600         (603,000 ) 

Occidental Petroleum Corp.:

      

Strike Price USD 105, Expires 8/22/11

      250         (20,375 ) 

Strike Price USD 110, Expires 11/21/11

      850         (207,825 ) 

Pan American Silver Corp.:

      

Strike Price USD 32, Expires 8/22/11

      100         (6,000 ) 

Strike Price USD 35, Expires 8/22/11

      150         (2,250 ) 

Strike Price USD 36, Expires 8/22/11

      100         (1,000 ) 

Peabody Energy Corp., Strike Price USD 57.50, Expires 8/22/11

      795         (162,975 ) 

Petroleum Development Corp., Strike Price USD 40, Expires 11/21/11

      300         (71,857 ) 

Plains All American Pipeline LP, Strike Price USD 65, Expires 11/21/11

      600         (45,000 ) 

Range Resources Corp.:

      

Strike Price USD 55, Expires 8/22/11

      800         (828,000 ) 

Strike Price USD 62.50, Expires 9/19/11

      490         (254,800 ) 

Schlumberger Ltd.:

      

Strike Price USD 92.50, Expires 11/21/11

      450         (245,250 ) 

Strike Price USD 105, Expires 11/21/11

      50         (7,975 ) 

Silver Wheaton Corp.:

      

Strike Price USD 34, Expires 8/22/11

      460         (141,450 ) 

Strike Price USD 42, Expires 8/22/11

      340         (9,860 ) 

Strike Price USD 41, Expires 8/22/11

      440         (17,820 ) 

SM Energy Co.:

      

Strike Price USD 80, Expires 11/21/11

      200         (104,000 ) 

Strike Price USD 75, Expires 11/21/11

      75         (55,500 ) 

Southwestern Energy Co., Strike Price USD 45, Expires 8/22/11

      500         (67,250 ) 

Transocean Inc., Strike Price USD 77.50, Expires 11/21/11

      400         (24,800 ) 

Weatherford International Ltd.:

      

Strike Price USD 20, Expires 8/22/11

      500         (108,750 ) 

Strike Price USD 21, Expires 8/22/11

      500         (69,750 ) 

Strike Price USD 18, Expires 8/22/11

      500         (201,250 ) 

Strike Price USD 23, Expires 11/21/11

      250         (39,375 ) 

Strike Price USD 22, Expires 11/21/11

      250         (49,875 ) 

Whiting Petroleum Corp.:

      

Strike Price USD 60, Expires 8/22/11

      239         (40,032 ) 

Strike Price USD 55, Expires 8/22/11

      200         (92,000 ) 

Strike Price USD 57.50, Expires 8/22/11

      361         (105,592 ) 

Strike Price USD 62.50, Expires 8/22/11

      400         (37,000 ) 
     

 

 

  

Total Exchange-Traded Call Options Written

         (9,243,613 ) 
     

 

 

  

Over-the-Counter Call Options Written – (0.5)%

      

Alpha Natural Resources, Inc.:

      

Strike Price USD 50.87, Expires 8/08/11, Broker Morgan Stanley & Co., Inc.

      50,000         (521 ) 

Strike Price USD 50.13, Expires 11/01/11, Broker Deutsche Bank Securities Corp.

      50,000         (85,074 ) 

Bankers Petroleum Ltd., Strike Price CAD 7.50, Expires 8/22/11, Broker T.D. Securities

      2,035         (6,390 ) 

Cabot Oil & Gas Corp., Strike Price USD 74.61, Expires 11/04/11, Broker Citigroup Global Markets, Inc.

      32,000         (202,858 ) 

Cheniere Energy, Inc.:

      

Strike Price USD 12, Expires 8/10/11, Broker Deutsche Bank Securities Corp.

      100,000         (15,043 ) 

Strike Price USD 12.06, Expires 11/01/11, Broker Deutsche Bank Securities Corp.

      100,000         (118,755 ) 

Strike Price USD 12, Expires 11/02/11, Broker Credit Suisse First Boston

      50,000         (60,700 ) 

Strike Price USD 11.43, Expires 11/02/11, Broker Deutsche Bank Securities Corp.

      75,000         (104,199 ) 

Strike Price USD 11, Expires 11/04/11, Broker Citigroup Global Markets, Inc.

      100,000         (155,275 ) 

Strike Price USD 11.50, Expires 11/08/11, Broker Deutsche Bank Securities Corp.

      210,000         (298,458 ) 

Strike Price USD 12, Expires 11/11/11, Broker Citigroup Global Markets, Inc.

      75,000         (97,272 ) 

Consol Energy, Inc., Strike Price USD 54.39, Expires 11/04/11, Broker UBS Securities LLC

      85,000         (335,264 ) 

Core Laboratories NV, Strike Price USD 110.82, Expires 8/15/11, Broker Morgan Stanley & Co., Inc.

      13,000         (20,978 ) 

 

2        JULY 31, 2011    

Schedule of Investments (continued)    BlackRock Energy and Resources Trust (BGR)
   (Percentages shown are based on Net Assets)

 

      Contracts      Value  

Options Written

      

Over-the-Counter Call Options Written (continued)

      

Crescent Point Energy Corp., Strike Price CAD 44, Expires 9/19/11, Broker Bank of Montreal

      1,095       $ (85,954 ) 

El Paso Corp., Strike Price USD 20.08, Expires 8/09/11, Broker Banc of America Securities

      20,000         (15,734 ) 

Energy XXI (Bermuda) Ltd., Strike Price USD 31.02, Expires 8/11/11, Broker Morgan Stanley & Co., Inc.

      50,000         (116,878 ) 

EQT Corp.:

      

Strike Price USD 55.05, Expires 8/03/11, Broker Morgan Stanley & Co., Inc.

      61,500         (518,445 ) 

Strike Price USD 50.99, Expires 8/08/11, Broker Citigroup Global Markets, Inc.

      40,000         (499,480 ) 

Halliburton Co.:

      

Strike Price USD 48.50, Expires 8/02/11, Broker Banc of America Securities

      68,000         (423,640 ) 

Strike Price USD 55.47, Expires 11/03/11, Broker UBS Securities LLC

      110,000         (411,400 ) 

Kosmos Energy Ltd., Strike Price USD 18.30, Expires 8/05/11, Broker Morgan Stanley & Co., Inc.

      55,000         (2 ) 

Nuvista Energy Ltd.:

      

Strike Price CAD 9.71, Expires 8/04/11, Broker Credit Suisse First Boston

      52,500         (29,586 ) 

Strike Price CAD 10.50, Expires 11/03/11, Broker Deutsche Bank Securities Corp.

      60,000         (29,956 ) 

Occidental Petroleum Corp., Strike Price USD 107.19, Expires 11/09/11, Broker Goldman Sachs & Co.

      15,000         (44,783 ) 

ONEOK Partners LP, Strike Price USD 41.81, Expires 8/05/11, Broker Morgan Stanley & Co., Inc.

      60,000         (48,857 ) 

Peabody Energy Corp.:

      

Strike Price USD 66.96, Expires 8/01/11, Broker Citigroup Global Markets, Inc.

      65,000         (1 ) 

Strike Price USD 64.11, Expires 11/01/11, Broker Credit Suisse First Boston

      15,000         (30,281 ) 

Penn Virginia Corp., Strike Price USD 15.22, Expires 8/15/11, Broker Citigroup Global Markets, Inc.

      100,000         (1,835 ) 

Petroleo Brasileiro SA - ADR:

      

Strike Price USD 30.69, Expires 8/12/11, Broker Morgan Stanley & Co., Inc.

      40,000         (26,524 ) 

Strike Price USD 30.50, Expires 8/15/11, Broker Morgan Stanley & Co., Inc.

      50,000         (41,256 ) 

Strike Price USD 30.90, Expires 8/30/11, Broker Citigroup Global Markets, Inc.

      50,000         (45,022 ) 

Petroleum Development Corp., Strike Price USD 42.22, Expires 11/01/11, Broker Citigroup Global Markets, Inc.

      25,000         (27,441 ) 

QEP Resources, Inc.:

      

Strike Price USD 43.50, Expires 8/08/11, Broker Banc of America Securities

      38,000         (25,434 ) 

Strike Price USD 41.84, Expires 8/12/11, Broker Deutsche Bank Securities Corp.

      24,000         (54,082 ) 

Royal Dutch Shell Plc, Class A - ADR, Strike Price USD 71.58, Expires 9/01/11, Broker Goldman Sachs & Co.

      72,000         (196,913 ) 

Southwestern Energy Co.:

      

Strike Price USD 41.82, Expires 8/05/11, Broker Deutsche Bank Securities Corp.

      55,000         (155,878 ) 

Strike Price USD 42.23, Expires 8/05/11, Broker Deutsche Bank Securities Corp.

      55,000         (135,991 ) 

Technip SA, Strike Price EUR 77.64, Expires 8/17/11, Broker Deutsche Bank Securities Corp.

      69,500         (138,876 ) 

Whiting Petroleum Corp.:

      

Strike Price USD 67.22, Expires 8/01/11, Broker JPMorgan Chase Securities

      26,000         (1 ) 

Strike Price USD 60.38, Expires 11/01/11, Broker UBS Securities LLC

      40,000         (155,328 ) 

Strike Price USD 63.88, Expires 11/02/11, Broker Deutsche Bank Securities Corp.

      80,000         (214,867 ) 
     

 

 

  

Total Over-the-Counter Call Options Written

         (4,975,232 ) 
     

 

 

  

Total Options Written (Premiums Received – $10,522,643) – (1.5)%

         (14,218,845 ) 
     

 

 

  

Total Investments Net of Outstanding Options Written – 101.0%

         958,337,818   

Liabilities in Excess of Other Assets – (1.0)%

         (9,210,627 ) 
     

 

 

  

Net Assets – 100.0%

       $ 949,127,191   
     

 

 

  

 

         JULY 31, 2011   3

Schedule of Investments (concluded)    BlackRock Energy and Resources Trust (BGR)

 

 

* The cost and unrealized appreciation (depreciation) of investments as of July 31, 2011 as computed for federal income tax purposes, were as follows:

 

Aggregate cost

    $ 744,413,553   
  

 

 

  

Gross unrealized appreciation

    $ 246,899,220   

Gross unrealized depreciation

      (18,756,110 ) 
  

 

 

  

Net unrealized appreciation

    $ 228,143,110   
  

 

 

  

 

(a) Non-income producing security.

 

(b) All or a portion of security has been pledged/segregated as collateral in connection with outstanding options written.

 

(c) Security, or a portion of security, is on loan.

 

(d) Represents the current yield as of report date.

 

(e) Investments in companies considered to be an affiliate of the Trust during the period, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliate

   Shares/
Beneficial  Interest
Held at
October 31,
2010		     Net Activity     Shares/
Beneficial  Interest
Held at
July 31,
2011		     Realized
Gain		     Income  

BlackRock Liquidity Funds, TempFund, Institutional Class

     –        95,896,231        95,896,231      $ 377      $ 28,344   

BlackRock Liquidity Series, LLC Money Market Series

     –      $ 3,689,700      $ 3,689,700        –      $ 47,887   

 

(f) Security purchased with the cash collateral from securities loans.

 

•  

For Trust compliance purposes, the Trust’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Trust management. These definitions may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease.

 

•  

Fair Value Measurements – Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs are categorized in three broad levels for financial reporting purposes as follows:

 

  •  

Level 1 – price quotations in active markets/exchanges for identical assets and liabilities

 

  •  

Level 2 – other observable inputs (including, but not limited to: quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market–corroborated inputs)

 

  •  

Level 3 – unobservable inputs based on the best information available In the circumstances, to the extent observable inputs are not available (including the Trust’s own assumptions used in determining the fair value of investments and derivative financial instruments)

The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investment and derivative financial instrument and does not necessarily correspond to the Trust’s perceived risk of investing in those securities. For information about the Trust’s policy regarding valuation of investments and derivative financial instruments and other significant accounting policies, please refer to the Trust’s most recent financial statements as contained in its semi-annual report. The following tables summarize the inputs used as of July 31, 2011 in determining the fair valuation of the Trust’s investments and derivative financial instruments:

 

Valuation Inputs

    Level 1     Level 2     Level 3      Total  

Assets:

          

Investments:

          

Long-Term Investments:

          

Common Stocks:

          

Construction & Engineering

    $ 5,810,921        –        –       $ 5,810,921   

Energy Equipment & Services

      141,147,223      $ 21,658,374        –         162,805,597   

Metals & Mining

      22,050,181        –        –         22,050,181   

Oil, Gas & Consumable Fuels

      682,304,033        –        –         682,304,033   

Short-Term Securities

      95,896,231        3,689,700        –         99,585,931   
  

 

 

    

 

 

    

 

 

     

 

 

  

Total

    $ 947,208,589      $ 25,348,074        –       $ 972,556,663   
  

 

 

    

 

 

    

 

 

     

 

 

  

Valuation Inputs

    Level 1     Level 2     Level 3      Total  

Derivative Financial Instruments1

          

Liabilities:

          

Equity contracts

    $ (8,897,389 )    $ (5,321,456 )      –       $ (14,218,845 ) 
  

 

 

    

 

 

    

 

 

     

 

 

  

 

1

Derivative financial instruments are options which are shown at value.

 

4        JULY 31, 2011    

Item 2    –    Controls and Procedures
2(a)    –    The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended.
2(b)    –    There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.
Item 3    –    Exhibits

Certifications – Attached hereto

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

BlackRock Energy and Resources Trust

  
By:  

/s/ John M. Perlowski

    
  John M. Perlowski    
  Chief Executive Officer (principal executive officer) of BlackRock Energy and Resources Trust

Date: September 26, 2011

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By:  

/s/ John M. Perlowski

    
  John M. Perlowski    
  Chief Executive Officer (principal executive officer) of BlackRock Energy and Resources Trust

Date: September 26, 2011

 

By:  

/s/ Neal J. Andrews

    
  Neal J. Andrews    
  Chief Financial Officer (principal financial officer) of BlackRock Energy and Resources Trust

Date: September 26, 2011