Post Tagged with: "Ticker: BBI"

Blackbird Energy’s Montney Growth Continues to Ramp

Blackbird Energy’s Montney Growth Continues to Ramp

Debt-free Blackbird Energy chalks up production record, scores new long-term gas processing agreements, secures ownership option for processing capacity in the Montney

In an operational update put out by the company Wednesday, Blackbird Energy (ticker: BBI) highlighted several announcements including …

Blackbird Energy Plans 3 More Montney Wells

Blackbird Energy Plans 3 More Montney Wells

Blackbird Energy announced that it plans to drill and complete approximately three operated wells through the end of the calendar year

Calgary-based Blackbird Energy (ticker: BBI) announced the company’s results for the quarter ended April 30, 2017 – Q3 for …

Blackbird Energy Provides Operational Update in the Montney

Blackbird Energy Provides Operational Update in the Montney

Blackbird Energy plans to drill 11 operated wells in fiscal 2017 and 2018

Calgary-based Blackbird Energy (ticker: BBI) announced updates to both its operated and non-operated drilling programs Thursday. In the release, Blackbird said that the company plans to drill …

Blackbird Energy Announces 2P Reserves of $455 Million

Blackbird Energy Announces 2P Reserves of $455 Million

Blackbird Energy announces 913% increase in 1P reserves

Blackbird Energy (ticker: BBI) released a reserves report Monday which announced the company’s proved reserves (1P) increased 913% to 30,526 MBOE (46% NGLs), according to the company’s press release. The net …

UPDATE: Blackbird Energy Receives Capital for 12 Well Program

UPDATE: Blackbird Energy Receives Capital for 12 Well Program

Update: Blackbird acquires additional acreage in the Montney

Blackbird Energy Inc. announced that it has entered into a binding agreement with Knowledge Energy Inc. for the acquisition of two gross sections (two net) of Montney rights for total consideration of …

March 17, 2017 - 10:21 am 360 Profile Company
UPDATE: Blackbird Energy Receives Capital for 12 Well Program

UPDATE: Blackbird Energy Receives Capital for 12 Well Program

Update: Blackbird acquires additional acreage in the Montney

Blackbird Energy Inc. announced that it has entered into a binding agreement with Knowledge Energy Inc. for the acquisition of two gross sections (two net) of Montney rights for total consideration of …

Montney Player Blackbird Energy Grows Enterprise Value 8x in 2016

Montney Player Blackbird Energy Grows Enterprise Value 8x in 2016

Using the downcycle to your advantage

The last two years have been a difficult period for the oil and gas industry. The drop in oil prices following OPEC’s November 2014 decision to defend market share over oil prices left the …

Blackbird Expects Initial Montney Production on Jan. 30

Blackbird Expects Initial Montney Production on Jan. 30

Blackbird Energy announces commissioning of its Elmworth / Pipesone facility

Calgary-based Blackbird Energy (ticker: BBI) announced Thursday that its 100% owned and operated Elmworth / Pipestone facility gathering system is currently being commissioned. The company expects that it will achieve …

Blackbird Energy Announces Quarterly Results

Blackbird Energy Announces Quarterly Results

Blackbird Energy (ticker: BBI) announced its financial results for the three months ended October 31, 2016. Blackbird’s assets include Elmworth Montney property located near Grande Prairie, Alberta, as well as non-core assets in Saskatchewan and Alberta.

Elmworth consisted of 88.75 …

December 19, 2016 - 6:29 pm 360 Profile Company, Closing Bell Story‎
Blackbird Energy Sets Montney Completion Record without Coil Tubing

Blackbird Energy Sets Montney Completion Record without Coil Tubing

Stage Completions’ Bowhead II Technology Allows Blackbird to Achieve Montney Record in 1 Hour Stages

Blackbird Energy’s (ticker: BBI) 102/2-20-70-7W6 Upper Montney well has set a new record for the play. Using Stage Completions’ Bowhead II fracturing system, Blackbird was …

Blackbird Energy Spuds Well

Blackbird Energy Spuds Well

Blackbird spuds 3-28 Montney well at Elmworth

Blackbird Energy (ticker: BBI) announced that it has spud the 3-28 Upper Montney well. The well is located in the play’s “volatile oil” window, which is defined as having more than 250 barrels …

The Market is Taking Note of The Montney Players

The Market is Taking Note of The Montney Players

The stacked pay in the Montney is delivering higher EURs than the Permian at a fraction of the land cost

Oil and gas operators have been increasingly sending capital in the Permian Basin as they look for the strongest returns …

Blackbird Energy Accelerates Business Plan with $13 Million Private Placement

Blackbird Energy Accelerates Business Plan with $13 Million Private Placement

Blackbird to continue delineating its liquids-rich Montney assets

Calgary-based Blackbird Energy (ticker: BBI) announced two non-brokered private placements of common shares Tuesday. 27,150,000 shares will be issued in total for proceeds of approximately $13 million. 16,500,000 of those shares were …

Blackbird Executes on Midstream Development, Sets Up Clear Line of Sight on Cash Flow

Blackbird Executes on Midstream Development, Sets Up Clear Line of Sight on Cash Flow

Blackbird Energy receives approval for pipeline gathering system

Calgary-based Blackbird Energy (ticker: BBI) announced today that the company received approval for its infrastructure development, giving it a clear line of sight on future cash flow. The company immediately commenced construction …

Blackbird Energy Receives Final Approval for Acquisition

Blackbird Energy Receives Final Approval for Acquisition

Approved: Blackbird Energy will be 10% minority interest owner in completions technology and services company

Blackbird Energy (ticker: BBI) announced Thursday that the company received final approval from the TSX Venture Exchange for its proposed acquisition of an indirect 10% …

Canada Looks to Attract More Chinese Investment by Relaxing Rules

Canada Looks to Attract More Chinese Investment by Relaxing Rules

Canada hopes to attract greater foreign investment with lower political risk and a skilled workforce

Canadian Finance Minister Bill Morneau said that the country is considering relaxing rules on foreign investment in order to attract more capital and spur growth. …

Blackbird Energy Makes $3 Million Technology Investment to Secure Reduced Montney Completion Costs

Blackbird Energy Makes $3 Million Technology Investment to Secure Reduced Montney Completion Costs

New Completion Technology Can Cut Downtime to 20 Minutes Between Frac Stages

On July 28, Blackbird Energy (ticker: BBI) announced that it has entered into an agreement to acquire an indirect 10% minority interest in Stage Completions Inc. for C$3 …

Blackbird Energy Announces Firm Processing Capacity into Premier Market

Blackbird Energy Announces Firm Processing Capacity into Premier Market

Blackbird Energy announces 6 MMcf/d of firm sour gas processing – looking at long term capacity, growth

Alberta-based Blackbird Energy (ticker: BBI) announced today that it has signed a deal with a third-party company to process up to 6 MMcf/d …

Blackbird Energy Transition from Delineation to Cash Flow

Blackbird Energy Transition from Delineation to Cash Flow

Blackbird position in the Montney remains economical, even at today’s prices

Blackbird Energy (ticker: BBI, BlackBirdEnergyInc.com) presented at EnerCom’s The Oil & Service Conference™ yesterday at 2:30 p.m. PST. Blackbird Energy is an emerging Canadian exploration and production company …

Blackbird Energy Increases Both the Size and Value of its Reserves

Blackbird Energy Increases Both the Size and Value of its Reserves

Blackbird announces a 522% increase in proved plus probable reserves

Alberta-based Blackbird Energy (ticker: BBI, BlackbirdEnergy.com) continued to grow both the size and value of its reserves at its Elmworth Montney position over the last six months. The company …

Blackbird Energy Acquires Firm Capacity in Alliance Pipeline

Blackbird Energy Acquires Firm Capacity in Alliance Pipeline

Blackbird Energy Inc. Acquires Firm Capacity in Alliance Pipeline

Blackbird Energy Inc. (TSX VENTURE:BBI) (“Blackbird” or the “Company“) is very pleased to announce that it has acquired 5 mmcf/d of Firm Full Path Service on the

February 25, 2016 - 1:54 pm 360 Profile Company, Canada, Closing Bell Story‎, Energy News
Blackbird Energy Announces Q1’16 Results

Blackbird Energy Announces Q1’16 Results

Blackbird Energy Inc. Announces Release of First Quarter 2016 Financial and Operating Results

CALGARY, ALBERTA–(Marketwired – Dec. 22, 2015) – (TSX VENTURE:BBI)Blackbird Energy Inc. (“Blackbird“) is pleased to announce that it has released its first quarter 2016

December 23, 2015 - 1:46 pm 360 Profile Company, Closing Bell Story‎, Energy News
Blackbird Energy Reduces Costs on Third Montney Well by 49%

Blackbird Energy Reduces Costs on Third Montney Well by 49%

Blackbird Energy (ticker: BBI) announced today that it has successfully drilled, logged and cased its third well at Elmworth, in the Montney, located at 2-20-70-7W6 (the “2-20” well). Blackbird has a 100% working interest in the 2-20 well, as …

October 27, 2015 - 3:29 pm 360 Profile Company, Analytics, Canada, Oil and Gas 360 Articles
Liberal Party Wins Majority Government in Canada with 184 Seats

Liberal Party Wins Majority Government in Canada with 184 Seats

Justin Trudeau wins surprise majority government

The Liberal Party, led by Justin Trudeau, won a majority government in a political upset in the Election for Canadian Prime Minister last night. The Liberals finished with 184 seats in the parliament (39.5%), …

October 20, 2015 - 1:44 pm Canada, Oil and Gas 360 Articles, Politics & Opinions
Blackbird Energy Commences Drilling Program

Blackbird Energy Commences Drilling Program

CALGARY, ALBERTA–(Marketwired – Sept. 14, 2015) – (TSX VENTURE:BBI) Blackbird Energy Inc. (“Blackbird” or the “Company“) is pleased to provide an operational update regarding its drill program at Elmworth and the significant progress made regarding infrastructure …

September 15, 2015 - 4:43 pm Analytics, Canada
Encana Reports Core Assets Produced 257 MBOEPD in August

Encana Reports Core Assets Produced 257 MBOEPD in August

Encana reported an increase of 24 MBOEPD from Q2 averages

Calgary-based Encana Corp (ticker: ECA) reported today that production from its four main assets increased to 257,000 barrels of oil equivalent per day (MBOEPD), up 24 MBOEPD from the average …

September 9, 2015 - 6:40 pm Canada, Oil and Gas 360 Articles
Trans-Alaska oil pipeline

Meritage Midstream Expanding Infrastructure in Western Canada’s Montney Shale

Meritage Midstream to provide 75 MMcf/d of gas gathering and processing in Canada

Meritage Midstream Services announced that its Canadian affiliate, Meritage Midstream Services III, has entered into a definitive agreement with Canadian International Oil Corporation (CIOC) to build natural …

August 11, 2015 - 4:37 pm Canada, Midstream, Oil and Gas 360 Articles
Blackbird Energy: Drilling the Liquids-Rich Window of Canada’s Montney

Blackbird Energy: Drilling the Liquids-Rich Window of Canada’s Montney

Canada’s Montney shale play, which stretches from Western Alberta northwest into British Columbia, has traditionally been gas focused, but a liquids- and condensate-rich window in the Montney has been attracting the attention of major names in the oil and gas …

Blackbird Energy Announces Q3’15 Results

Blackbird Energy Announces Q3’15 Results

Blackbird Energy Inc. (“Blackbird“) (TSX VENTURE:BBI) is pleased to announce that it has released its financial and operating results as at and for the three and nine months ended April 30, 2015. Blackbird’s unaudited condensed consolidated interim financial …

June 26, 2015 - 3:32 pm Analytics, Canada
Blackbird Energy Announces Drill Program

Blackbird Energy Announces Drill Program

Blackbird Energy Inc. Announces Summer Drill Program and Appointment of New Independent Director

Blackbird Energy Inc. (“Blackbird” or the “Company“) (TSX VENTURE:BBI) is very pleased to announce a summer drill program consisting of one horizontal well …

May 20, 2015 - 3:22 pm Canada