• Sign up for the Daily Digest E-mail
  • Facebook
  • X
  • LinkedIn

BOE Report

Sign up
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

Black Swan announces Duvernay joint venture

June 23, 201412:07 PM CNW

CALGARY, June 23, 2014 /CNW/ – Black Swan Energy Ltd. has recently entered into a joint venture agreement to accelerate development of its Duvernay holdings in the Willesden Green area of Alberta.  Under the agreement, the joint venture partner will drill and complete certain wells and contribute 50% of its land position to earn 50% of Black Swan’s working interest in the area.  After completion of the earning, Black Swan will have 27,640 net acres of Duvernay rights.

Black Swan continues to control 100% of its 92,640 acres of Duvernay rights in the Edson and Pembina areas in Alberta where it is currently drilling a horizontal Duvernay well with partners.

“The joint venture accelerates the pace of derisking of our Duvernay assets and, at the same time, allows us to concentrate our efforts on our very prospective liquids rich Montney acreage in northeast BC” said President and Chief Executive Officer David Maddison.

Black Swan’s Montney position consists of 144,455 net acres in the Beg/Jedney area of northeast BC, where it has developed an inventory of over 2,500 potential locations. A continuous one rig program is planned for the remainder of 2014 beginning with a five well pad spudding in July. In the second quarter of 2014, the company commissioned its second compression facility and in June achieved a new production high of 5,200 boe/d.

Black Swan Energy Ltd is a private-equity backed exploration and production company headquartered in Calgary, Alberta.  For more information, visit www.blackswanenergy.com or contact Black Swan at info@blackswanenergy.com or at (403) 930-4400.

SOURCE Black Swan Energy Ltd.

Black Swan Energy Duvernay Montney

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Discount on Western Canada Select widens
  • European Commission proposes Russian oil price cap 15% below global price
  • US oil/gas rig count down for 11th week to lowest since 2021, Baker Hughes says
  • Taiwan’s CPC Corp eyes US shale gas assets, sources say
  • Saudi Arabia complying fully with voluntary OPEC+ target, energy ministry says

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    BOE Network
    © 2025 Stack Technologies Ltd.