Mr. Garth Braun reports
BLACKBIRD ENERGY INC. ANNOUNCES SIGNING OF STRATEGIC INFRASTRUCTURE MEMORANDUM OF UNDERSTANDING WITH MISTRAL ENERGY INC. FOR THE ELMWORTH MONTNEY PROJECT
Blackbird Energy Inc. has executed a strategic infrastructure memorandum of understanding with Mistral Energy Inc. to pursue the development of a gas gathering system and processing infrastructure in the Elmworth/Gold Creek area which will serve Blackbird and other producers.
The MOU contemplates the development of facilities to handle 20 million cubic feet per day of Blackbird's associated gas, with a future expansion to handle up to 35 million cubic feet per day. The facilities' planned total capacity will be 50 million cubic feet per day of sour gas, with provisions for handling another 70 million cubic feet per day of sweet gas, and additional potential expansions thereafter. Processing facilities will be staged with packaged and modularized units to reduce field installation time and cost, and to allow for expanded capacity to be quickly and efficiently matched to drilling activity and well results.
The MOU further contemplates the building of an eight-inch or larger pipeline and gathering system that will run from the Blackbird's Elmworth lands south of the Wapiti River to existing infrastructure and ultimately the new Mistral sweet and sour gas facilities planned for Gold Creek/Kakwa.
Mistral Energy comprises the management team which recently developed the 700-kilometre Vantage pipeline project and a 50-million-cubic-foot-per-day cryogenic gas plant in Saskatchewan with a 70-kilometre gas gathering trunk line.
Garth Braun, chief executive officer of Blackbird, noted: "Blackbird is at the beginning of an exciting period of growth and is pleased to continue to pro-actively address the challenges that are present in the Elmworth/Gold Creek corridor. The addressing of infrastructure and egress will allow Blackbird to continue its strategy of aggregating additional land at a cost-effective basis in its core area. Blackbird is also looking forward to building a strong relationship with Mistral Energy Inc."
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