October 31, 2016 - 11:23 AM EDT
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Blackbird Energy Inc. (TSXV:BBI) Flies 57% Higher to Top the New-Look Ubika Energy 20





Blackbird Energy Inc. (TSXV:BBI) Flies 57% Higher to Top the New-Look Ubika Energy 20



Toronto, Ontario (FSCwire) - It has been a strong period (September 26th –October 28th) for oil and it shows on the Ubika Energy 20 Index (UE20), as it climbed 7.4% with 17/20 companies on the index up over the period. Both the TSX Capped Energy Index and West Texas Intermediate have shown strength, powering up 9.8% and 9.5%, respectively. Blackbird Energy Inc. (TSXV:BBI) was the top-performing component company during the past month, surging 57% after the oil and gas explorer/developer announced the receipt of regulatory approval for its infrastructure development, as well as the commencement of its fall drill program. We also welcome a new stock to the UE20 this week.

 

Read the full report at http://smallcappower.com/reports/index-reports/energy/blackbird-energy-inc-ubika-energy-311016/

 

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Source: FSCwire (October 31, 2016 - 11:23 AM EDT)

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