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 million during the year ended July 31, 2017, with $48.8 million of working capital surplus Q4 and 2017 production: While
Blackbird Energy Inc. (ticker: BBI) completed the construction of its 100% owned and operated 12-14-70-7W6 Elmworth facility and gathering system near the budget of $16.1 million. Commencement of production is anticipated by the end of January 2017, Blackbird said in a press release today. In conjunction with the construction of the facility and gathering system, Blackbird has tied-in the 6-26,
Blackbird Energy will present at the EnerCom conference in Denver on Tuesday, August 16, 2016 Blackbird Energy Inc. (ticker: BBI) is a junior E&P company focused on the liquids-rich Montney fairway at Elmworth, near Grande Prairie, Alberta, where it holds a 100% working interest in 83.75 sections. Blackbird has acquired its acreage in Alberta’s Montney fairway in proximity to highly
