Fresh Tracks Therapeutics Inc V.BBI

News release

[oilman1111]

Very solid news in my eyes.
BBI gives a certain timeline for flow results.

"Blackbird currently expects production to be back online in early November, at which point several wells can be brought on production and begin/continue to flow back. The Company expects to provide a detailed update including production data on new wells following an additional two to three weeks of consistent run time."


Who would thought that BBI has a GHA for North of Wapiti in place one year ago? This was one of my biggest concerns but it seems there is no probem at all for takeaway north of the waptiti river. See slide 13 on company presentation, their gas is going into alliance pipeline (better pricing). This is only the first step, GHA for southern parts will follow but again it is very encouraging that they have a GHA for their northern parts already in place.



Eastern block will be tied in as planned in Q1/18.

Eastern Multi-Interval Delineation Block