Sunrise, FL, United States
Sunrise, FL, United States

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Agency: Cordis | Branch: FP7 | Program: CP | Phase: ICT-2007.2.2 | Award Amount: 25.84M | Year: 2009

The European robotics industry plays a key role in maintaining our continents industrial base. The robotics industry is strong, but fragmented and dispersed. In the future, cutting-edge technology resulting from top-level research will be the decisive factor for success. Europe not only has a powerful robotics industry, but can also boast superb research. By drawing on these resources, ECHORD aims at producing new knowledge through advancing the state of the art in selected research foci and developing novel technology from which new products can be derived. Within ECHORD, opportunities for knowledge advancement and technology transfer between academia and industry will be created across the whole continent. This will be achieved through the solicitation of focused, small-size RTD projects, so-called experiments, which can be rapidly negotiated, funded and executed. Via these experiments, ECHORD will bring about a large-scale introduction of robotic equipment into research institutions. This is expected to result in both tangible and measurable out-comes in terms of the accelerated development of technologies, as well as the deployment of robotics technology into new scenarios for the direct application of research results. For ECHORD, three such scenarios have been defined: human-robot co-working, hyper flexible cells, and cognitive factories. The foremost purpose of the scenarios is to define an environment that is both scientifically challenging to research institutions and commercially relevant to robot manufacturers.


CALGARY, ALBERTA--(Marketwired - Feb. 22, 2017) - (TSX VENTURE:BBI) Blackbird Energy Inc. ("Blackbird" or the "Company") is pleased to announce that it has entered into a letter of intent with Paramount Resources Ltd. ("Paramount") for the acquisition of 13 gross sections of Montney rights (3.1 net) for total consideration of 5 million Blackbird common shares (the "Paramount Acquisition"). These lands (the "Acquisition Lands") are contiguous with Blackbird's existing lands and will, upon closing, increase Blackbird's Montney rights at Elmworth / Pipestone to 115 gross sections (99.9 net). See Figure 1 below for a map of Blackbird's current lands and the Acquisition Lands. In total, the Acquisition Lands are comprised of 13 gross sections of Montney rights (3.1 net) which are on strike geologically with Blackbird's existing lands. The Acquisition Lands are located south of the Wapiti River in close proximity to the Company's existing infrastructure, and they are contiguous with Blackbird's existing land block. The strategic rationale for the Acquisition is as follows: Closing of the Paramount Acquisition is subject to Blackbird and Paramount entering into a purchase and sale agreement, which will be subject to TSX Venture Exchange acceptance and certain other conditions customary for acquisitions of this nature. Closing of the Acquisition is expected to occur by the middle of March, 2017. Blackbird Energy Inc. is a highly innovative oil and gas exploration and development company focused on the condensate and liquids-rich Montney fairway at Elmworth, near Grande Prairie, Alberta. For more information please view our Corporate Presentation at www.blackbirdenergyinc.com. This press release contains forward-looking statements or information (collectively referred to herein as "forward-looking statements"). Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements and are not guarantees of future performance of the Company. Such forward-looking statements include but are not limited to: the anticipated timing for closing of the Paramount Acquisition and the benefits to be derived from the addition of the Acquisition Lands including specifically the number of potential drilling locations on the Acquisition Lands, the ability of the Acquisition Lands to increase Blackbird's reserves and production potential and contribute to Blackbird's current processing and take-away commitments, the ability for the Acquisition Lands to provide the scale required to execute large-scale processing and take-away agreements, and the current strength of Blackbird's balance sheet and the ability to maintain such strength and the construction of an eastern pipeline gathering system. Forward-looking statements are based on assumptions including but not limited to the successful closing of the Acquisition. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates, and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including: (1) a downturn in general economic and business conditions in North America and internationally, (2) the inherent uncertainties and speculative nature associated with oil and gas exploration, development and production including drilling and completion risks, (3) the price of and demand for oil and gas and their effect on the economics of oil and gas exploration, (4) any number of events or causes which may delay or cease exploration and development of the Company's property interests, such as environmental liabilities, weather, mechanical failures, safety concerns and labour problems, (5) the risk that the Company does not execute its business plan, (6) inability to retain key employees, (7) inability to finance operations and growth, and (8) other factors beyond the Company's control. Should one or more of these risks or uncertainties materialize, or should any of the Company's assumptions prove incorrect, actual results may vary in material respects from those projected in the forward-looking statements. Readers are cautioned that the foregoing list of risks, uncertainties, and other factors is not exhaustive. Unpredictable or unknown factors not discussed could also have material adverse effects on forward-looking statements. The impact of any one factor on a particular forward-looking statement is not determinable with certainty as such factors are dependent on other factors, and the Company's course of action would depend on its assessment of the future considering all information then available. All forward-looking statements in this press release are expressly qualified in their entirety by these cautionary statements. Except as required by law, the Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change. THE TSX VENTURE EXCHANGE INC. HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.


News Article | February 16, 2017
Site: www.marketwired.com

CALGARY, ALBERTA--(Marketwired - Feb. 15, 2017) - Blackbird Energy Inc. ("Blackbird") (TSX VENTURE:BBI) is pleased to report that it has closed the previously announced acquisition (the "Acquisition") of 8 gross sections of Montney rights (2.8 net) (the "Acquisition Lands") from Paramount Resources Ltd. ("Paramount") pursuant to the terms of a purchase and sale agreement dated February 2, 2017. The Acquisition is effective February 1, 2017. Blackbird issued an aggregate of 5,000,000 common shares to Paramount as consideration for the Acquisition (the "Consideration Shares"). The Consideration Shares are subject to a hold period expiring June 16, 2017. The Acquisition Lands increase Blackbird's Montney rights at Elmworth / Pipestone to 102 gross sections (96.8 net). Blackbird Energy Inc. is a highly innovative oil and gas exploration and development company focused on the condensate and liquids-rich Montney fairway at Elmworth, near Grande Prairie, Alberta. For more information please view our Corporate Presentation at www.blackbirdenergyinc.com. THE TSX VENTURE EXCHANGE INC. HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.


NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is pleased to announce that it has obtained a receipt for a preliminary short form prospectus (the "Preliminary Prospectus") which was filed with the securities regulatory authorities in each of the provinces of Canada, except Québec, in connection with a marketed public offering (the "Offering") of: (i) common shares of the Company ("Common Shares") for gross proceeds of up to $60 million; (ii) Common Shares to be issued on a "CEE flow-through" basis (the "CEE Flow-Through Shares") for gross proceeds of up to $15 million; and (iii) Common Shares to be issued on a "CDE flow-through" basis (the "CDE Flow-Through Shares") for gross proceeds of up to $5 million (and, collectively with the Common Shares and CEE Flow-Through Shares, the "Shares"), for aggregate gross proceeds of up to $80 million. The Offering will be conducted through a syndicate of agents (the "Agents") co-led by Cormark Securities Inc., Pareto Securities AS and TD Securities Inc. (the "Co-Lead Agents"). The Agents have been granted an over-allotment option, exercisable in whole or in part for a period of up to 30 days following the Closing Date (as described below), to offer for sale up to an additional 15% of each of the Common Shares, CEE Flow-Through Shares and CDE Flow-Through Shares sold pursuant to the Offering, and such additional shares shall be issued on the same terms and at the same price as those otherwise sold under the Offering. The Common Shares, CEE Flow-Through Shares and CDE Flow-Through Shares will be priced in the context of the market with the pricing to be determined by negotiation between the Co-Lead Agents and Blackbird. The net proceeds of the Offering, including any proceeds received upon the exercise of the over-allotment option granted to the Agents, are expected to be used by the Company to fund the drilling and completion operations for approximately 12 Elmworth / Pipestone Montney wells and to incur related tie-in, equipping and pipeline gathering system costs, as well as for general corporate purposes. Please see "Use of Proceeds" in the Preliminary Prospectus for further details of the use of net proceeds from the Offering. The Shares will be offered in all provinces of Canada (other than Québec) by way of a short form prospectus pursuant to National Instrument 44-101 - Short Form Prospectus Distributions and the Common Shares may be sold in the United States and other jurisdictions pursuant to exemptions from registration requirements. The Company will apply to list the Shares on the TSX Venture Exchange (the "TSXV"). The completion of the Offering is subject to certain conditions, including the receipt of all necessary regulatory approvals, including the approval of the TSXV. Closing of the Offering is expected to occur on or about March 22, 2017 (the "Closing Date"). A copy of the Preliminary Prospectus may be obtained on SEDAR at www.sedar.com or by contacting the Agents. Blackbird is also pleased to announce that it has entered into a purchase and sale agreement with Paramount Resources Ltd. regarding the previously announced acquisition of 13 gross sections of Montney rights (3.1 net) for total consideration of 5 million Blackbird common shares (the "Paramount Acquisition"). These lands are contiguous with Blackbird's existing lands and will, upon closing, increase Blackbird's Montney rights at Elmworth / Pipestone to 115 gross sections (99.9 net). Closing of the Paramount Acquisition is subject to TSXV acceptance and certain other conditions customary for acquisitions of this nature. Closing of the Paramount Acquisition is expected to occur by the middle of March, 2017. Blackbird Energy Inc. is a highly innovative oil and gas exploration and development company focused on the condensate and liquids-rich Montney fairway at Elmworth, near Grande Prairie, Alberta. This news release includes certain statements that may be deemed "forward-looking statements" within the meaning of applicable Canadian securities legislation. Specifically, this news release includes, but is not limited to, forward-looking statements with respect to the net proceeds from the Offering, the Closing Date of the Offering and the closing of the Paramount Acquisition, including timing therefor. Generally, forward-looking statements can be identified by the forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "projects", "intends", "anticipates", or "does not anticipate", or "believes", or "variations of such words and phrases or state that certain actions, events or results "may", "can", "could", "would", "might", or "will" be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the exploration and development and operation of the Company's projects, the actual results of current exploration, development activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future oil and gas prices, regulatory approvals including approvals from the TSXV for the Offering, as well as those factors discussed in the sections relating to risk factors of our business filed in the Company's required securities filings on SEDAR. Although the Company has attempted to identify important factors that could cause results to differ materially from those contained in forward-looking statements, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements will prove accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. THE SECURITIES OFFERED HAVE NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS. THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THE SECURITIES IN ANY STATE IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL.


NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Blackbird Energy Inc. ("Blackbird" or the "Company") (TSX VENTURE:BBI) is pleased to announce that, further to its press release dated February 27, 2017, the Company has increased the size of its previously announced marketed public offering (the "Offering") due to strong demand. The Offering will consist of: (i) up to 110.0 million common shares of the Company (the "Common Shares") at a price of $0.55 per Common Share for gross proceeds of up to $60.5 million; (ii) up to 25.8 million Common Shares to be issued on a "CEE flow-through" basis (the "CEE Flow-Through Shares") at a price of $0.64 per CEE Flow-Through Share for gross proceeds of up to $16.5 million; and (iii) up to 6.8 million Common Shares to be issued on a "CDE flow-through" basis (the "CDE Flow-Through Shares", and, collectively with the Common Shares and the CEE Flow-Through Shares, the "Shares") at a price of $0.59 per CDE Flow-Through Share for gross proceeds of up to $4.0 million, for aggregate gross proceeds of up to $81.0 million. The Offering is being conducted through a syndicate of agents (the "Agents") co-led by Cormark Securities Inc., Pareto Securities AS and TD Securities Inc., and including BMO Capital Markets, Scotia Capital Inc., Haywood Securities Inc., Laurentian Bank Securities Inc., Raymond James Ltd. and Jett Capital Advisors, LLC. The Agents have been granted an over-allotment option, exercisable in whole or in part for a period of up to 30 days following the Closing Date (as described below), to offer for sale up to an additional 15% of each of the Common Shares, CEE Flow-Through Shares and CDE Flow-Through Shares sold pursuant to the Offering, and such additional shares shall be issued on the same terms and at the same price as those otherwise sold under the Offering (the "Over-Allotment Option"). A preliminary short form prospectus in respect of the Offering dated February 27, 2017 (the "Preliminary Prospectus") has been filed in all of the provinces of Canada (other than Québec) pursuant to National Instrument 44-101 - Short Form Prospectus Distributions. The Common Shares may also be sold in the United States and other jurisdictions pursuant to exemptions from registration requirements. The Company intends to file an amended and restated preliminary short form prospectus with the securities regulatory authorities in each of the provinces of Canada, except Québec, to reflect the increased size of the Offering and to provide additional details concerning the Offering, including pricing information (the "Amended and Restated Preliminary Prospectus"). The net proceeds of the Offering, including any proceeds received upon the exercise of the Over-Allotment Option granted to the Agents, are expected to be used by the Company to fund the drilling and completion operations for approximately 12 Elmworth / Pipestone Montney wells and to incur related tie-in, equipping and pipeline gathering system costs, as well as for general corporate purposes. Please see "Use of Proceeds" in the Preliminary Prospectus, which is available under the Company's profile at www.sedar.com, for further details of the use of net proceeds from the Offering. The Company has applied to list the Shares on the TSX Venture Exchange (the "TSXV"). Listing will be subject to the Company fulfilling all of the listing requirements for the TSXV. The completion of the Offering is subject to certain conditions, including the receipt of all necessary regulatory approvals, including the approval of the TSXV. Closing of the Offering is expected to occur on or about March 14, 2017 (the "Closing Date"). Blackbird Energy Inc. is a highly innovative oil and gas exploration and development company focused on the condensate and liquids-rich Montney fairway at Elmworth, near Grande Prairie, Alberta. This news release includes certain statements that may be deemed "forward-looking statements" within the meaning of applicable Canadian securities legislation. Specifically, this news release includes, but is not limited to, forward-looking statements with respect to the net proceeds from the Offering and the use thereof, the completion of the Offering, the listing of the Shares, the receipt of regulatory approvals and the timing thereof, the exercise of the Over-Allotment Option, the filing of the Amended and Restated Preliminary Prospectus and the Closing Date of the Offering. Generally, forward-looking statements can be identified by the forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "projects", "intends", "anticipates", or "does not anticipate", or "believes", or "variations of such words and phrases or state that certain actions, events or results "may", "can", "could", "would", "might", or "will" be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the exploration and development and operation of the Company's projects, the actual results of current exploration, development activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future oil and gas prices, regulatory approvals including approvals from the TSXV for the Offering, as well as those factors discussed in the sections relating to risk factors of our business filed in the Company's required securities filings on SEDAR. Although the Company has attempted to identify important factors that could cause results to differ materially from those contained in forward-looking statements, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements will prove accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. THE SECURITIES OFFERED HAVE NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS. THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THE SECURITIES IN ANY STATE IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL.


NOT FOR DISTRIBUTION TO UNITED STATES NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is pleased to announce that it has entered into a non-binding letter of nomination (the "Nomination") with a premier midstream company (the "Midstream Company") for the transportation and processing of natural gas and condensate produced from certain of Blackbird's Pipestone / Elmworth lands. Blackbird is also pleased to announce initial Pipestone / Elmworth production figures and team additions commensurate with Blackbird's growth plans. Non-Binding Nomination for 90 MMCF/D of Processing Capacity by 2021 The Nomination contemplates that the Midstream Company will transport Blackbird's natural gas and condensate produced from certain of its lands located both north and south of the Wapiti River to the Midstream Company's proposed gas plant (the "Plant") located south of the Wapiti River, where it will then be processed to market specification. Blackbird and the Midstream Company have agreed that they will work in good faith towards executing a binding gas handling agreement ("GHA") in the coming months. The GHA will be conditional on: (i) the Midstream Company sanctioning the construction of the Plant, (ii) the Midstream Company building a pipeline gathering and compression system from the Plant to certain of Blackbird's lands both north and south of the Wapiti River, and (iii) on Blackbird obtaining coinciding take-away service from the Plant. The natural gas processing volumes contemplated in the Nomination are as follows: Garth Braun, Blackbird's Chairman, Chief Executive Officer and President stated: "The Nomination secures material processing capacity for Blackbird and allows us to work towards a binding GHA with a premier Midstream Company. Upon execution of the GHA, Blackbird will have the ability to achieve significant production growth over the coming years. Blackbird will also continue to work diligently to access additional processing capacity in the near-term in order to achieve additional cash-flow and to accelerate our development plan moving forward." As previously announced, Blackbird achieved initial production from its Elmworth / Pipestone Montney asset on January 30, 2017. On and following January 30, 2017, Blackbird began to phase-in the production from its wells located at 05-26-070-07 W6M ("5-26"), 02-20-070-07 W6M ("2-20"), 02/2-20-070-07 W6M ("102/2-20"), and 06-26-070-07 W6M ("6-26") (the "Ramp-Up Period"). On February 13, 2017, the third party facility that processes Blackbird's natural gas was temporarily shut-down due to a mechanical failure. Due to this failure, Blackbird's Ramp-Up Period was suspended. The third party plant is expected to start-up again on approximately February 23, 2017, at which time Blackbird will resume the Ramp-Up Period. Blackbird has limited production data available for its wells on an individual basis because each well was flowing for a varying number of hours per day, each well was choked back to varying degrees per day and per hour, and all wells are still in varying degrees of clean-up. For these reasons, Blackbird believes that providing individual well data at this time would not be reflective of individual well performance over longer production periods. Blackbird will provide individual well performance at such time that IP30s, IP60s, and IP90s are obtained for each well. See Figure 1 below for an approximation of the number of hours that Blackbird's wells were flowing each day during the initial Ramp-Up Period. Figure 1 - Approximation of Flowing Hours and Days for Each Well Figure 2 below shows the natural gas and condensate produced each day up until the Ramp-Up Period was suspended. Blackbird's February 12, 2017 production was approximately 5.5 mmcf/d of natural gas plus 850 bbls/d of condensate/oil and 171 bbls/d of natural gas liquids, which totals approximately 1,938 boe/d (53% liquids). On the last day prior to suspension of the Ramp-Up Period, H2S levels were at approximately 5.5%, which is under Blackbird's contracted amount of 6.0%. Garth Braun added: "The production achieved during the initial Ramp-Up Period is in-line with our internal expectations, as we believe it will take at least one month to normalize the production of our wells and the operation of our battery and pipeline gathering system. Based on the production achieved during the Ramp-Up Period, it is Blackbird's expectation that the productive capability of the four wells which were produced during the Ramp-Up Period will meet and/or exceed our current processing and take-away capacity. With an average condensate gas ratio during the Ramp-Up Period of approximately 187 bbls/mmcf plus natural gas liquids of approximately 31 bbls/mmcf (for total liquids of 218 bbls/mmcf), we are encouraged by the liquids rates seen during the Ramp-Up Period. We are equally encouraged by the H2S levels, which were at approximately 5.5% on the last day of production. Blackbird looks forward to providing longer-duration production data as soon as it becomes available. With confirmation of liquids content, H2S levels and overall productivity during the Ramp-Up Period, Blackbird has entered into the Nomination and secured the volumes required for growth. We will now work with the Midstream Company to finalize the GHA for the benefit of both parties." Blackbird has hired two key team members to support its long-term business plan. In December, 2016 Blackbird hired Paul Goodman as the Company's Manager, Completions and Production. Paul has over 28 years of experience in stimulation and completions focused on unconventional resource plays. Paul was previously responsible for multi-pad completions programs and the business line aspect of fracturing operations targeting unconventional reservoirs in the Alberta Montney. Paul has been part of teams at Encana, Sanjel and Halliburton. In February, 2017 Blackbird hired David Mills as the Company's Manager, Facilities Engineering. David is a Professional Engineer with over thirty years of varied oil and gas experience. Prior to joining Blackbird, David was responsible for the design, construction and start-up of Mosaic Energy's Kakwa / Jayar 50 mmscf/d sour and liquid stabilization gas plant, gathering system, and wellhead facilities. Prior to Mosaic Energy, David was responsible for the design, construction, start-up and expansion of Crew Energy's Septimus 60 mmscf/d sweet gas plant, gas gathering system and wellhead facilities. Prior to these companies, David held senior positions with Canetic Resources, ConocoPhillips, Imperial Oil and Qatar Liquefied Gas Company. Garth Braun stated: "Paul and David are key additions for Blackbird as we enter the next phase of our development. Paul's expertise in completions will allow Blackbird to execute on large-scale, multi-well pad completion programs while reducing completions costs and maximizing expected ultimate recovery. David's expertise will be invaluable as we expand our pipeline gathering system and infrastructure facilities both north and south of the Wapiti River, thereby unlocking the potential of Blackbird's Pipestone / Elmworth asset." Blackbird Energy Inc. is a highly innovative oil and gas exploration and development company focused on the condensate and liquids-rich Montney fairway at Elmworth, near Grande Prairie, Alberta. For more information please view our Corporate Presentation at www.blackbirdenergyinc.com. This press release contains forward-looking statements or information (collectively referred to herein as "forward-looking statements"). Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements and are not guarantees of future performance of the Company. Such forward-looking statements include but are not limited to statements regarding the execution of a GHA, the sanctioning of the Plant, the construction of a pipeline gathering system to Blackbird's lands, the ability for Blackbird to obtain natural gas take-away coinciding with its processing commitments, the future production of Blackbird's wells, reducing completion costs, maximizing expected ultimate recovery, condensate gas ratios and H2S levels. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates, and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including: (1) a downturn in general economic and business conditions in North America and internationally, (2) the inherent uncertainties and speculative nature associated with oil and gas exploration, development and production including drilling and completion risks, (3) the price of and demand for oil and gas and their effect on the economics of oil and gas exploration, (4) any number of events or causes which may delay or cease exploration and development of the Company's property interests, such as environmental liabilities, weather, mechanical failures, safety concerns and labour problems, (5) the risk that the Company does not execute its business plan, (6) inability to retain key employees, (7) inability to finance operations and growth, and (8) other factors beyond the Company's control. Should one or more of these risks or uncertainties materialize, or should any of the Company's assumptions prove incorrect, actual results may vary in material respects from those projected in the forward-looking statements. Readers are cautioned that the foregoing list of risks, uncertainties, and other factors is not exhaustive. Unpredictable or unknown factors not discussed could also have material adverse effects on forward-looking statements. The impact of any one factor on a particular forward-looking statement is not determinable with certainty as such factors are dependent on other factors, and the Company's course of action would depend on its assessment of the future considering all information then available. All forward-looking statements in this press release are expressly qualified in their entirety by these cautionary statements. Except as required by law, the Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change. THE TSX VENTURE EXCHANGE INC. HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.


CALGARY, ALBERTA--(Marketwired - Oct. 27, 2016) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is pleased to announce that it has closed the previously announced non-brokered private placement of 16,500,000 flow-through common shares (the "Shares") pursuant to the Income Tax Act (Canada) ("ITA") in respect of Canadian Exploration Expenses ("CEE") at a price of $0.485 per Share for proceeds of $8,002,500 (the "CEE Private Placement"). The proceeds from the CEE Private Placement will be used by the Company to incur eligible CEE with respect to its previously announced strategic accelerated business plan. The Shares are subject to a hold period ending February 28, 2017. Blackbird Energy Inc. is a highly innovative oil and gas exploration and development company focused on the condensate and liquids-rich Montney fairway at Elmworth, near Grande Prairie, Alberta. For more information please view our Corporate Presentation at www.blackbirdenergyinc.com. The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful. This press release contains forward-looking statements or information (collectively referred to herein as "forward-looking statements"). Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements and are not guarantees of future performance of the Company. Such forward looking statements include but are not limited to the Company incurring eligible CEE with respect to its previously announced strategic accelerated business plan and the hold period ending on February 28, 2017. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including: (1) a downturn in general economic and business conditions in North America and internationally, (2) the inherent uncertainties and speculative nature associated with oil and gas exploration, development and production including drilling and completion risks, (3) the price of and demand for oil and gas and their effect on the economics of oil and gas exploration, (4) any number of events or causes which may delay or cease exploration and development of the Company's property interests, such as environmental liabilities, weather, mechanical failures, safety concerns and labour problems, (5) the risk that the Company does not execute its business plan, (6) inability to retain key employees, (7) inability to finance operations and growth, and (8) other factors beyond the Company's control. Should one or more of these risks or uncertainties materialize, or should any of the Company's assumptions prove incorrect, actual results may vary in material respects from those projected in the forward-looking statements. Readers are cautioned that the foregoing list of risks, uncertainties and other factors is not exhaustive. Unpredictable or unknown factors not discussed could also have material adverse effects on forward-looking statements. The impact of any one factor on a particular forward-looking statement is not determinable with certainty as such factors are dependent on other factors, and the Company's course of action would depend on its assessment of the future considering all information then available. All forward-looking statements in this press release are expressly qualified in their entirety by these cautionary statements. Except as required by law, the Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change. THE TSX VENTURE EXCHANGE INC. HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.


CALGARY, ALBERTA--(Marketwired - Oct. 25, 2016) - (TSX VENTURE:BBI) Blackbird Energy Inc. ("Blackbird" or the "Company") is pleased to announce a non-brokered private placement of 16,500,000 common shares in the capital of the Company to be issued on a "flow-through" basis ("Flow-Through Common Shares") pursuant to the Income Tax Act (Canada) ("ITA") in respect of Canadian Exploration Expenses ("CEE") at a price of $0.485 per share for gross proceeds of $8,002,500 (the "CEE Private Placement"). Blackbird is also pleased to announce a non-brokered private placement of 10,650,000 Flow-Through Common Shares pursuant to the ITA in respect of Canadian Development Expenses ("CDE") at a price of $0.47 per share for gross proceeds of $5,005,500 (the "CDE Private Placement"). In recent months it has become clear to Blackbird that significant momentum is building in the greater Elmworth/Pipestone corridor, and that there is the potential for great value achievement if Blackbird's business plan is accelerated. The proceeds from the CEE Private Placement and CDE Private Placement (the "Private Placements") will allow Blackbird to capitalize on this momentum and accelerate its business plan through the initiation of a revised drilling program. The revised drilling program will consist of the previously announced 02/2-20 Upper Montney well, which was spud on October 8, 2016, at least one CEE eligible well, and one CDE eligible well (the "Program"). It is anticipated that the Program will be completed during the first half of 2017. The Program is anticipated to accelerate the delineation of Blackbird's contiguous 87.25 net section Elmworth/Pipestone asset, build additional reserves and behind-pipe production, and contribute to Blackbird's production and cash-flow upon the commissioning of the Company's infrastructure facility and pipeline gathering system in late December, 2016. In addition to providing for the Program, the Private Placements will allow for the allocation of Blackbird's current working capital towards other growth initiatives if deemed by management to be in the best interest of Blackbird's shareholders. The closing of the Private Placements is subject to the Company receiving all necessary regulatory approvals, including approval from the TSX Venture Exchange. The Company may pay finder's fees consisting of cash and/or common shares pursuant to the closing of the Private Placements. Blackbird Energy Inc. is a highly innovative oil and gas exploration and development company focused on the condensate and liquids-rich Montney fairway at Elmworth, near Grande Prairie, Alberta. For more information please view our Corporate Presentation at www.blackbirdenergyinc.com The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful. This press release contains forward-looking statements or information (collectively referred to herein as "forward-looking statements"). Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements and are not guarantees of future performance of the Company. Such forward looking statements include but are not limited to: the acceleration of Blackbird's business plan, the build of Blackbird's reserves and behind-pipe production, Blackbird's future production and cash-flow, the commissioning of the Company's infrastructure facility and pipeline gathering system, the pursuit of other potential growth initiatives if deemed to be in the best interests of Blackbird's shareholders, the closing of the Private Placements and the Company receiving all related necessary regulatory approvals to close the Private Placements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including: (1) a downturn in general economic and business conditions in North America and internationally, (2) the inherent uncertainties and speculative nature associated with oil and gas exploration, development and production including drilling and completion risks, (3) the price of and demand for oil and gas and their effect on the economics of oil and gas exploration, (4) any number of events or causes which may delay or cease exploration and development of the Company's property interests, such as environmental liabilities, weather, mechanical failures, safety concerns and labour problems, (5) the risk that the Company does not execute its business plan, (6) inability to retain key employees, (7) inability to finance operations and growth, and (8) other factors beyond the Company's control. Should one or more of these risks or uncertainties materialize, or should any of the Company's assumptions prove incorrect, actual results may vary in material respects from those projected in the forward-looking statements. Readers are cautioned that the foregoing list of risks, uncertainties and other factors is not exhaustive. Unpredictable or unknown factors not discussed could also have material adverse effects on forward-looking statements. The impact of any one factor on a particular forward-looking statement is not determinable with certainty as such factors are dependent on other factors, and the Company's course of action would depend on its assessment of the future considering all information then available. All forward-looking statements in this press release are expressly qualified in their entirety by these cautionary statements. Except as required by law, the Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change. THE TSX VENTURE EXCHANGE INC. HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.


NASHVILLE, Tenn., March 1, 2017 /PRNewswire/ -- Blackbird Presents, CMT, and Sony Legacy are proud to announce the broadcast premiere and audio/video release of Outlaw: Celebrating The Music Of Waylon Jennings. A collection of music's legendary Outlaws and rising superstars came together...


Patent
Blackbird | Date: 2013-12-20

Storage unit mounting apparatus removably and lockably attachable to a vehicle is provided. The apparatus includes a single, cantilevered support member removably and irrotationally attachable at its proximal end to the vehicle, the distal end of the support member supporting a receiver having integral mounting means to which the storage unit is attachable. The apparatus is especially suited for vehicles such as motorcycles, all-terrain-vehicles (ATVs), bicycles and the like.

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