Blackdog Resources Ltd. ("Blackdog" or "the Company") (TSX VENTURE:DOG) is
pleased to announce that testing and completion operations have begun on its
Leduc Reef exploration light oil prospect near Sylvan Lake, Alberta.


The Company anticipates that testing and completion operations will take
approximately 14 days, subject to equipment availability and weather.


By paying a further 25% of all completion and testing costs, Blackdog has now
earned a 15% working interest in both the well and the entire section of land
the well is situated on. The Company believes that a successful first well could
lead to potentially two additional wells being drilled on the land.


Blackdog is a junior oil and gas company focused on the development and
production of light and medium oil in South East Saskatchewan and Alberta. The
Company has 24,578,318 Common Shares outstanding.


Certain information regarding Blackdog in this news release, including
management's assessment of future plans and operations, may constitute forward
looking statements under applicable securities laws and necessarily involve
risks including, without limitation, risks associated with oil and gas
exploration, development, production, marketing and transportation, loss of
markets, volatility of commodity prices, imprecision of reserve estimates,
environmental risks, competition from other producers, unexpected decline rates
in wells, wells not performing as expected, delays resulting from or inability
to obtain required regulatory approvals and ability to access sufficient capital
from internal and external sources. As a consequence, actual results may differ
materially from those anticipated in the forward-looking statements. Readers are
cautioned that the foregoing list of factors is not exhaustive. Additional
information on these and other factors that could affect Blackdog's operations
and financial results are included in reports on file with Canadian securities
regulatory authorities and may be accessed through the SEDAR website
(www.sedar.com). The forward-looking statements or information contained in this
news release are made as of the date hereof and Blackdog does not undertake any
obligation to update publicly or revise any forward-looking statements or
information, whether as a result of new information, future events or otherwise,
unless so required by applicable securities laws.


(TSXV:DOG)
Graphique Historique de l'Action
De Déc 2024 à Jan 2025 Plus de graphiques de la Bourse
(TSXV:DOG)
Graphique Historique de l'Action
De Jan 2024 à Jan 2025 Plus de graphiques de la Bourse