One-Page Deal Sheet
Blackbird Buys Additional East Flaxcombe Assets
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Blackbird Energy Inc. is pleased to announce that its wholly-owned subsidiary, Ruger Energy Inc. ("Ruger"), has entered into an agreement to purchase certain oil and gas assets from Blackspur Oil Corp. for total cash consideration of $100,000.
The assets (the "East Flaxcombe") are located near Ruger's current oil production in Flaxcombe, Saskatchewan and will allow for optimization and operating cost savings. Current production at the East Flaxcombe Project is 10 boepd (70% oil) and the deal metrics are $10,000/producing day barrel.
The East Flaxcombe is accretive to Blackbird's Flaxcombe…
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| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Nov-06-2024 |
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| Aug-22-2022 |
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| Jun-29-2022 |
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| Dec-15-2021 |
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| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| May-14-2021 |
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| Dec-09-2020 |
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| Nov-14-2019 |
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