Friday, December 20, 2024

Blackbird Energy – Day Two Breakout Notes

Blackbird presents at EnerCom’s The Oil & Gas Conference®

 During Blackbird’s breakout session, management was asked the following questions:

  • Can you go over the differences between your sliding sleeve technology and normal sliding sleeves?
  • Is there a dissolvable component in the sliding sleeve technology you are using?
  • Can you talk more about how the ball dissolves and how long it takes?
  • Is this a sliding sleeve that is specifically designed for your company and the Montney?
  • Does the well you drilled for $5.5 million include the cost of both drilling and completion? How deep was the well?

You can listen to Blackbird’s presentation by clicking here.

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 productive Encana assets. As of June, 2016, the company had $33 million in positive working capital and no debt.

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