Blackbird Investments Inc. Provides Operational Update

(TSX VENTURE:BBI). Blackbird Investments Inc. ("Blackbird" or the
"Corporation"), is pleased to announce that it has received the necessary
permits as operator to commence operations on its Mather Gordon Prospect in
Texas. Blackbird has commenced its re-entry and re-completion efforts on the two
existing Mather's wells as the first stage of its drill program.


In addition, Blackbird has set a date for its upcoming annual general meeting,
to be held on January 5, 2009.


About Blackbird

Blackbird's wholly-owned subsidiary Blackbird Energy LLC ("Blackbird Energy")
holds a 75% interest in 3,857 acres of leasehold land located in Gray County,
Texas known locally as the "Mathers-Gordon Prospect". Blackbird intends to
aggressively develop this prospect and has committed to spend a minimum of
$2,200,000 US developing the prospect in the next twelve months. The
Mathers-Gordon Prospect is a multi pay oil and gas prospect. Blackbird Energy
will be the operator of the prospect. In addition, Blackbird plans to actively
look for further oil and gas properties for acquisition or potential joint
ventures.


On behalf of the board of BLACKBIRD INVESTMENTS INC.

William L. Macdonald, President and Director

Blackbird Energy Inc. (TSXV:BBI)
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