(TSX VENTURE:BBI) Blackbird Energy Inc. ("Blackbird" or the "Company") is
pleased to provide an update on its ongoing operations. 


Blackbird has increased its holdings of Montney Petroleum & Natural Gas Rights
in the Greater Karr project to 21 sections (13,440 acres). All of the acquired
sections also include deeper rights including rights to the prospective Duvernay
formation. The Greater Karr project contains strong analogs to wells that have
been drilled in the area to date. Blackbird has begun the process of seeking a
partner to assist in developing the Greater Karr project. 


At its Bromhead project, Blackbird has completed its first re-entry candidate.
The recompletion was completed under budget, with a cost of approximately
$200,000. After evaluation, Blackbird encountered a non-commercial amount of
hydrocarbons in the one zone perforated to date (Midale Vuggy). Blackbird has
begun to evaluate further zones, such as the Bakken and Three Forks, for
possible further pursuit. The Bakken and Three Forks zones appear in lands that
are in close proximity to the Bromhead project. 


Blackbird Energy Inc. is a Western Canadian based company that explores,
develops and produces oil and natural gas in Western Canada. The Company is
managed by a proven technical team. Blackbird trades on the TSX Venture Exchange
under the symbol BBI. 


Blackbird's team is focused on originating new high quality oil projects through
the assembly of land positions in Saskatchewan and Alberta.  


For more information please visit the company's website and view the corporate
presentation at www.blackbirdenergyinc.com 


On behalf of the board of BLACKBIRD ENERGY INC.

Garth Braun, Chief Executive Officer and Director 

Disclaimer for Forward-Looking Information  

This news release contains forward-looking statements that involve various risks
and uncertainties regarding future events relating to the Great Karr project and
the Bromhead project. 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 and are not guarantees of future
performance of the Company. Although Blackbird believes that the expectations
and assumptions on which the forward-looking statements are based are
reasonable, undue reliance should not be placed on the forward-looking
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, accordingly, are subject to change after such date.
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


THE TSX VENTURE EXCHANGE INC. HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS
OF THIS PRESS RELEASE. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION
SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE
EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


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


Blackbird Energy Inc.
Garth Braun, President & CEO
Office (604) 688 2295
gbraun@blackbirdenergyinc.com
www.blackbirdenergyinc.com

Blackbird Energy Inc. (TSXV:BBI)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024 Blackbird Energy Inc. 차트를 더 보려면 여기를 클릭.
Blackbird Energy Inc. (TSXV:BBI)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024 Blackbird Energy Inc. 차트를 더 보려면 여기를 클릭.