Blackbird Energy Inc. Completes Acquisition of Ruger Energy Inc.

Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is
pleased to announce that is has closed its previously announced acquisition of
Ruger Energy Inc. ("Ruger"), a junior oil and gas exploration and development
company in Alberta (the "Acquisition"). 


As consideration for the Acquisition, Blackbird issued an aggregate of
47,143,250 transaction units (each, a "Transaction Unit") to the shareholders of
Ruger. Each Transaction Unit consists of one common share (a "Transaction
Share") and one-half of one share purchase warrant (a "Transaction Warrant"),
for a total of 47,143,250 Transaction Shares and 23,571,625 Transaction
Warrants. The Transaction Warrants are exercisable at a price of $0.24 until
April 5, 2014. An aggregate of 124,074,266 Blackbird shares are issued and
outstanding following completion of the Acquisition. 


In conjunction with the closing, Blackbird has effected certain management
changes, appointing Darrell Denney, Murray Scalf and Sean Campbell, all part of
the Ruger team, to Blackbird's board of directors. The new directors replace
Robert Booth, Dennis Paterson and Michael Sweatman. Mr. Denney has also assumed
the position of Chief Operating Officer.


In addition, Blackbird has granted an aggregate of 4,000,000 incentive stock
options to the new officers and directors and certain consultants. Half of the
options will have an exercise price of $0.16 per share and the other half will
be exercisable at a price of $0.20 per share for a period of five years.


Garth Braun, Chief Executive Officer and director of Blackbird, commented: "We
are very pleased to complete this transaction which diversifies our project base
and strengthens our balance sheet. The addition of the Ruger management team
positions Blackbird for the development of new opportunities, access to further
capital and greater value achievement for the existing assets. I would also like
to take this opportunity to thank the outgoing members of our board of
directors, Robert Booth, Dennis Paterson and Michael Sweatman, for their service
to Blackbird." 


About Blackbird

Blackbird's Bigstone Project is comprised of lands and licenses covering a total
of 5,120 acres (net 1,120 acres), in Township 60, ranges 22 and 23W5 at
Bigstone, Alberta. By completing the terms of a farm in agreement with
Donnybrook Energy Inc., Blackbird earned 25 per cent of Donnybrook's interest in
the Bigstone lands and in any future operations within an area of mutual
interest.


On behalf of the board of Blackbird Energy Inc.

Garth Braun, Chief Executive Officer and Director

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect
the expectations of management regarding the effect of the Acquisition.
Forward-looking statements consist of statements that are not purely historical,
including any statements regarding beliefs, plans, expectations or intentions
regarding the future. Such statements are subject to risks and uncertainties
that may cause actual results, performance or developments to differ materially
from those contained in the statements. No assurance can be given that any of
the events anticipated by the forward-looking statements will occur or, if they
do occur, what benefits the Company will obtain from them. These forward-looking
statements reflect management's current views and are based on certain
expectations, estimates and assumptions which may prove to be incorrect. A
number of risks and uncertainties could cause our actual results to differ
materially from those expressed or implied by the forward-looking statements,
including: (1) a downturn in general economic conditions in North America and
internationally, (2) the inherent uncertainties and speculative nature
associated with oil and gas exploration and production, (3) a decreased demand
for natural gas, (4) any number of events or causes which may delay or cease
exploration and development of the Company's property interests, such as
environmental liabilities, weather, mechanical failures, safety concerns and
labour problems; (5) the risk that the Company does not execute its business
plan, (6) inability to retain key employees, (7) inability to finance operations
and growth, and (8) other factors beyond the Company's control. These
forward-looking statements are made as of the date of this news release and,
except as required by law, the Company assumes no obligation to update these
forward-looking statements, or to update the reasons why actual results differed
from those projected in the forward-looking statements. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
QIS Capital Corp.
Doren Quinton
President
(250) 377-1182
info@qiscapital.com
www.qiscapital.com
Blackbird Energy Inc. (TSXV:BBI)
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