Saturday, November 30, 2024

Blackbird Chalks Up 47% YOY Production Growth

Upcoming drilling plan significantly exceeds last year’s Blackbird Energy (ticker: BBI) announced full year results today, showing production growth of 47% year-over-year. Blackbird produced an average of 1,148 BOEPD in the final quarter of its fiscal year, compared to 782 BOEPD last year. This growth was achieved despite the significant difficulties encountered at a third-party gas processing facility. Blackbird was