Alberta-based Blackbird Energy Inc. (stock ticker TSX-V: BBI) shareholders have approved the strategic combination of Blackbird and Pipestone Oil Corp. by a majority of over 99% of votes cast.

Blackbird is focused on the condensate and liquids-rich Montney fairway at Pipestone/Elmworth, near Grande Prairie, Alberta.

At a special meeting, its shareholders also approved the continuance of Blackbird from British Columbia into Alberta, which was necessary for the transaction to proceed. The transaction will result in the combination of two adjacent and contiguous Pipestone Montney land bases under a single company that will operate under the name Pipestone Energy Corp.

Source: Blackbird Energy

The arrangement will result in Canadian...


Legal Notice