Midstream - Gas Gathering | Contract Awarded
Blackbird Inks Montney Transport / Processing Agreement
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Blackbird Energy Inc. has executed a binding take-or-pay Gas Handling Agreement with a third party for the firm transportation and processing of sour natural gas produced from Blackbird's condensate-rich Elmworth project.
The GHA provides firm service 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. The GHA is effective on or before January 1, 2017, with capacity available as early as November 1, 2016 subject to certain third party facility enhancements and regulatory approvals. The GHA shall continue for a term of 24 months from the Effective Date, at which time Blackbird and the third party will seek to extend the term on a best efforts basis.
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