Blackbird Energy Inc. Completes Facility and Gathering System Construction at Elmworth/Pipestone and Provides Operational Update Regarding Accelerated Business Plan and Stage Completions

CALGARY, ALBERTA--(Marketwired - Jan. 11, 2017) -

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Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is pleased to announce that it has completed the construction of its 100% owned and operated 12-14-70-7W6 Elmworth facility ("Facility") and gathering system ("Gathering System"). Blackbird is also pleased to provide an operational update regarding its previously announced accelerated business plan and the Stage Completions ("Stage") roll-out.

Highlights

• Completion of Facility and Gathering System Construction: Blackbird has completed the construction of its Elmworth/Pipestone Facility and Gathering System, with preliminary estimates indicating the construction was completed, with certain enhancements, near the budget of $16.1 million. Commencement of production is anticipated by the end of January 2017.
• Continuation of Accelerated Business Plan: Blackbird has completed the previously announced 3-28 well drilling operations and will commence completion operations in the near term. Following the 3-28 drilling operations, the rig was released and moved to the previously announced 2-20/11-9 location. The 2-20/11-9 well was spud on December 28, 2016.
• Stage Completions Operational Update: Stage continues to achieve success in the deployment of its Bowhead II System (the "Stage System") across a number of basins, with six Stage Systems deployed to date and an additional 12 Stage Systems estimated to be deployed by the end of Q1 2017.

Blackbird Completes Construction of Infrastructure at Elmworth/Pipestone

Blackbird has completed the construction of its 100% owned and operated Elmworth Facility and Gathering System. Blackbird overcame adverse fall and winter weather conditions and was on schedule to commence production on time. Third party factors outside of the Company's control, including a plant turnaround, have resulted in anticipated commissioning of the Facility and Gathering System at the end of January, 2017. Due to the fact that the delay was outside of Blackbird's control, the Company will not incur any contracted sour processing or transportation fees until the commencement of production.