VANCOUVER, BRITISH COLUMBIA–(Marketwired – July 16, 2013) – Blackbird Energy Inc. (TSX VENTURE:BBI) (“Blackbird“) announced today that David Finn, a director of the Company, died suddenly on July 15, 2013.
David was appointed to the Blackbird board of directors in November 2009 and had a distinguished career in the oil & gas business for over 30 years.
Garth Braun, CEO of Blackbird stated: “We are deeply saddened to announce David’s passing. David’s wealth of knowledge and expertise of the energy industry and his sage advice and guidance made an invaluable contribution to our company. Apart from his role as a director, David was also a wonderful supporter and friend and he will be greatly missed. Together with the entire board of directors and management of Blackbird, I extend my heartfelt condolences to David’s family during this difficult time.”
The Flaxcombe Project is comprised of a total of 5,041 acres (net 2,393 acres) in West Central Saskatchewan. Blackbird, through its only owned subsidiary Ruger Energy Inc. (“Ruger”), holds a 100% working interest in a Sparky oil property with five producing oil wells and two gas wells. The Flaxcombe Project includes 3D seismic coverage over the complete oil pool. Two development oil drilling locations have been identified based on the 3D technical review.
The Alsask Project is comprised of 1,120 acres in the Alsask area on the Alberta/Saskatchewan border in which Ruger, holds a 100% working interest. The Alsask Project has two producing Basal Mannville oil wells and one water disposal well. Ruger also has 3D seismic coverage over the full 1,120 acres and has identified one development oil drilling location and one exploration oil drilling location.
The Bigstone Project is comprised of lands and licenses covering a total of 5,120 acres (net 1,120 acres), in Township 60, ranges 22 and 23W5 at Bigstone, Alberta. By completing the terms of a farm in agreement with Donnybrook Energy Inc., Blackbird earned 25% of Donnybrook’s interest in the Bigstone lands and in any future operations within an area of mutual interest.
Blackbird’s team is focused on originating new high quality oil projects through the assembly of land positions in southwest Saskatchewan and Alberta.
Blackbird Energy Inc. is a Western Canadian based company that explores, develops and produces oil and natural gas in Western Canada. The Company is managed by a proven technical team. Blackbird trades on the TSX Venture under the symbol BBI.
On behalf of the board of BLACKBIRD ENERGY INC.
Garth Braun, Chief Executive Officer and Director
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