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Blackbird Energy Inc. (“Blackbird” or the “Company”) (TSXV:BBI) is pleased to provide an operations update regarding its previous completion programs, its planned fiscal 2017 / 2018 capital program at Pipestone and Stage Completions Inc.’s (“Stage”) commercial roll-out, a company in which Blackbird owns a 10% minority interest. As quoted in the press release: In late …
Blackbird Energy Inc. (“Blackbird” or the “Company”) (TSXV:BBI) is pleased to provide an operations update regarding its previous completion programs, its planned fiscal 2017 / 2018 capital program at Pipestone and Stage Completions Inc.’s (“Stage”) commercial roll-out, a company in which Blackbird owns a 10% minority interest.
As quoted in the press release:
In late 2016 and early 2017, Blackbird drilled and completed its 102/2-20, 3-28 and 2-20/11-9 Pipestone wells (the “Wells”) using the Stage Bowhead II fracturing system (the “Stage System”). The 102/2-20 well began production and clean-up on February 4, 2017 and was shut-in due to a third-party plant closure on February 12, 2017. After being shut-in for approximately 29 days, the 102/2-20 well resumed production and clean-up on March 13, 2017. During this secondary period of clean-up and the production of natural gas and condensate, in late April, 2017 it was determined that the 102/2-20 well was not producing at levels consistent with management’s expectation.