Blackbird Energy Inc. has successfully closed the previously announced disposition of 8.0 gross (3.5 net) sections of Montney rights, known as Blackbird's Bigstone project, for net proceeds of $8.89 million after closing adjustments.

Garth Braun, Chief Executive Officer of Blackbird noted, "Blackbird is pleased to continue to add further focus to its Elmworth project through the disposition of non-core assets. With the above noted disposition, Blackbird has significantly strengthened its balance sheet as it begins to de-risk and delineate its Montney resource."

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