WTF?" With certain Stage System sleeves remaining in the closed position during pressure pumping operations Blackbird was unable to fracture the Montney reservoir across the entire lateral length of the wellbores. "
So if the sleeves were closed, no frac fluid would get out of the well bore. How could they not have known there was a problem? Did the frac crew not tell the company? And if BBI did know, they did a financing without disclosing the issue.
I really liked BBI and their prospects, and was ready to invest. But now, I don't know what to think.