Blackbird Investments Inc.
TSX VENTURE : BBI

Blackbird Investments Inc.

November 17, 2009 14:39 ET

Blackbird Investments Inc. Provides Operational Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 17, 2009) - (TSX VENTURE:BBI). Blackbird Investments Inc. ("Blackbird" or the "Corporation"), is pleased to announce that it has received the necessary permits as operator to commence operations on its Mather Gordon Prospect in Texas. Blackbird has commenced its re-entry and re-completion efforts on the two existing Mather's wells as the first stage of its drill program.

In addition, Blackbird has set a date for its upcoming annual general meeting, to be held on January 5, 2009.

About Blackbird

Blackbird's wholly-owned subsidiary Blackbird Energy LLC ("Blackbird Energy") holds a 75% interest in 3,857 acres of leasehold land located in Gray County, Texas known locally as the "Mathers-Gordon Prospect". Blackbird intends to aggressively develop this prospect and has committed to spend a minimum of $2,200,000 US developing the prospect in the next twelve months. The Mathers-Gordon Prospect is a multi pay oil and gas prospect. Blackbird Energy will be the operator of the prospect. In addition, Blackbird plans to actively look for further oil and gas properties for acquisition or potential joint ventures.

On behalf of the board of
BLACKBIRD INVESTMENTS INC.

Per: "William Macdonald"
William L. Macdonald
President and Director

The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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