11:57 AM EST - Blackbird Energy Inc. : announced that it plans to spud its first Success Formation well at its new oil exploration project located in the Mantario area of West Central Saskatchewan in the fourth quarter of 2013. The Mantario Project, consists of 1,440 gross acres (net 1,008 acres) of P&NG rights located approximately 21 kilometres southeast of Rock Energy Inc.'s Mantario oil project. Blackbird's farm-out partner on the Mantario Project, Pennant Energy Inc., may earn a 30% working interest by payment of 50% of the drilling, completing, equipping and tie-in costs of the test well. At this time, the well is scheduled to spud from a surface location at 15d-6-26-24W3 with a total depth of 1,000 metres. Blackbird Energy Inc.
shares V.BBI are trading unchanged at $0.09.
