Blackbird Energy Inc. Updates on Bigstone

Blackbird Energy Inc. (TSXV:BBI) provided updates on drilling at Bigstone.

As quoted in the press release:

Blackbird’s Bigstone HZ 14-29-60-22w5 Montney discovery well (Blackbird 37.5% BPO/25% APO) was placed on production in mid-June 2012 and during the first 42 days of operation produced at an average rate of 1.61 mmcf/d (605 mcf/d Blackbird W.I.) and 72.8 bbls/d (27.3 bbls/d Blackbird W.I.) of condensate for a combined oil equivalent total of 341 BOE/D (128 BOE/D Blackbird W.I.).

Blackbird’s Bigstone HZ 15-32-60-22 W5M well (Blackbird 25% W.I. subject to a 2% GORR) commenced production on July 16 and for the first 7 producing days has been producing natural gas, free condensate and NGLs which will be extracted during processing. The 15-32 well had technical problems during the completion and only 6 stages of the planned 23 stage frac were completed successfully. The well is currently producing and the initial production rates are encouraging.

Click here to read the Blackbird Energy (TSXV:BBI) press release

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