Post Tagged with: "Blackbird Energy"

Blackbird Energy Announces Record Results

Blackbird Energy Announces Record Results

Calgary-Based Blackbird Energy Inc. (stock ticker: BBI) announced record financial and operational results for the quarter ended October 31, 2018.

 

Highlights from the Q1 2019 Results:

Petroleum and Natural Gas Sales

  • $7.4 million ($46.31/boe) of petroleum and natural gas
December 27, 2018 - 4:22 pm Canada, Closing Bell Story‎, International
Blackbird Energy, Pipestone Oil Corp. Announce Merger and $310 Million in Equity and Debt Financings

Blackbird Energy, Pipestone Oil Corp. Announce Merger and $310 Million in Equity and Debt Financings

October 30, 2018 18:00 ET | Source: Blackbird Energy Inc

CALGARY, Alberta, Oct. 30, 2018 (GLOBE NEWSWIRE) — Blackbird Energy Inc. (“Blackbird”) (TSX-V: BBI) and Pipestone Oil Corp. (“Pipestone Oil”) are pleased to announce that they …

Blackbird Energy Inc. Announces $12.4 Million Non-Brokered Private Placement

Blackbird Energy Inc. Announces $12.4 Million Non-Brokered Private Placement

Blackbird Energy Inc. (ticker: BBI)  announced today a non-brokered private of 32.5 million common shares of the Company for aggregate gross proceeds of $12.4 million, of which: 20.0 million common shares will be issued on a “flow-through” basis in respect …

September 14, 2018 - 2:00 pm Closing Bell Story‎, Exploration and Production (E&P)
Operational Update: Blackbird Energy

Operational Update: Blackbird Energy

Blackbird Energy Inc. (TSX-V: BBI) has provided an operational update including planned drilling activity, an update on infrastructure build out and the continued progression of its development planning.

  • Development program north of the Wapiti River expected to commence in early
July 20, 2018 - 12:20 pm Closing Bell Story‎, Energy News, TOGC23
Blackbird Energy to Present at The Oil and Gas Conference

Blackbird Energy to Present at The Oil and Gas Conference

Blackbird Energy (CVE: BBI)

Company Overview

Blackbird Energy is a Canadian oil and gas exploration and development company focused on the liquids-rich Montney fairway at Pipestone, near Grande Prairie, Alberta. Blackbird holds a 100% working interest in 134 gross (114.5 …

July 12, 2018 - 1:38 pm Closing Bell Story‎, TOGC23
Blackbird Energy Reports Record Quarter

Blackbird Energy Reports Record Quarter

Blackbird Energy, Inc. (TSX-V:BBI) announced that for the three months ended April 30,2018 the company achieved a record high of $6.4 million ($49.81/BOE) of petroleum and natural gas sales, a 94% increase year-over-year for Blackbird.

Blackbird was only able to …

Blackbird Energy Resource Evaluation Increases by 149%

Blackbird Energy Resource Evaluation Increases by 149%

Blackbird Energy (TSX-V: BBI) has announced the results of an independent resource evaluation of its Pipestone/Elmworth Montney lands by McDaniel & Associates Consultants Ltd.

McDaniel & Associates conducted the resource evaluation for this same area of lands for Blackbird Energy …

June 12, 2018 - 4:58 pm Closing Bell Story‎, Oil and Gas 360 Articles
Blackbird Energy Reports Q2 2018

Blackbird Energy Reports Q2 2018

Blackbird Energy Inc. (ticker: BBI) reported for the three months ended January 31, 2018, a net loss of CDN$1.71 million, or a net loss per share of $(0.00). For the six months ended January 31, 2018, the company reported a …

Source: BBI

Blackbird Energy Updates Wells, Ups Credit Facility to $20 Million

Blackbird Energy Inc. (ticker: BBI) has released test results from its 3-27-71-7W6 Upper Montney delineation well. The well flowed at an average estimated sales rate of 1,188 BOEPD (53% liquids, liquids/gas ratio of 190 Bbls/MMcf) over the final 48-hours of …

Source: BBI

Blackbird Energy’s Middle Montney Well Produces High Level of Condensates

Blackbird Energy Inc. (ticker: BBI) has released test results from its 2-20-70-6W6 Middle Montney delineation well, which is located on the company’s eastern multi-interval delineation block. The well is more than five kilometers east of Blackbird’s previous operated development drilling.…

February 13, 2018 - 6:43 pm Canada, Closing Bell Story‎, Oil and Gas 360 Articles
Source: BBI

Blackbird Energy Glides Into 2018

Blackbird Energy Inc. (ticker: BBI) has provided an update regarding its operations. Blackbird’s total corporate January sales production averaged an estimated 1,978 BOEPD (58% liquids) for the 17 days the company was able to produce during the month.

Estimated sales …

Source: blackbird energy

Blackbird Energy Provides Initial Production Results from Pipestone/Elmworth Montney Condensate Play

Blackbird Energy Inc. (ticker: BBI) had production results from three new development wells on its condensate-rich Pipestone/Elmworth Montney play. Blackbird also completed its planned delineation program and provided its preliminary 2018 outlook.

Initial Production Results

Blackbird’s total corporate December sales …

Blackbird Energy Announces Q1 2018 Results

Blackbird Energy Announces Q1 2018 Results

Blackbird Energy (ticker: BBI) has released its financial and operational results for the quarter ended October 31, 2017, Q1 2018 in Blackbird’s financial calendar.

Highlights

Q1 2018 Production: While on production during the quarter, Blackbird produced 5.6 MMcf/d of natural …

Blackbird Energy Inc. (TSX-V: BBI) 2017 Year End Results

Blackbird Energy Inc. (TSX-V: BBI) 2017 Year End Results

2017 highlights

  • Equity financing – closed an upsized and over-subscribed marketed public offering for total gross proceeds of $84.8 million on March 14, 2017
  • Reserves – reported Pipestone/Elmworth Montney proved plus probable (2P) reserves of $395 million
  • Revenue – $6.2
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 Appoints Chief Financial Officer

Blackbird Energy Appoints Chief Financial Officer

Blackbird Energy Inc. (ticker: BBI) has appointed Karen Minton as its CFO effective immediately, the company announced yesterday.

In a press release Blackbird outlined Minton’s almost two decades of experience in senior financial roles in oil and gas and alternative …

Blackbird Energy Adds Montney Rights, Wells

Blackbird Energy Adds Montney Rights, Wells

Calgary-based Blackbird Energy Inc. (ticker: BBI) added additional acreage in its Pipestone/Elmworth location and reported updates to its development program and its expansion of the Eastern Pipestone/Elmworth gathering system.

More in the Montney

Blackbird increased its Pipestone/Elmworth Montney rights to …

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 Continues to Capitalize on the Montney Shale

Blackbird Energy Continues to Capitalize on the Montney Shale

Blackbird Energy Inc. (ticker: BBI) is pure-play focused on the Pipestone liquids-rich corridor of the Montney shale. The company holds a total of 120 gross, 103.9 net sections—equivalent to 76,800 gross, 66,496 net acres—in the Montney shale play, all of …

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 Member
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 Member, 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 …