Midstream - Transportation & Pipelines | Contract Awarded
Blackbird Inks LOI for Montney Gas Transport / Processing
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Blackbird Energy Inc. follows up its recent acquisition of firm sales gas takeaway in the Alliance pipeline system to the Chicago gas market by executing a Letter of Intent with a third party for the transportation and processing of sour natural gas produced from its condensate-rich Elmworth project. This critical step of establishing transportation and processing evolves Blackbird from an explorer to a producer.
Blackbird and the third party expect to execute a firm gas handling agreement in the near term, of which all terms have been established and agreed upon within the LOI. The LOI terms negotiated encompass both firm transportation to the third party's sour gas plant and the processing of 6 mmcf/d of natural gas and associated liquids from Blackbird's Elmworth project.
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