Blackdog Resources Ltd.

Blackdog Resources Ltd.

February 19, 2010 08:00 ET

Blackdog Resources Ltd. Receives Final Approval for Enhanced Oil Recovery (EOR) Well

CALGARY, ALBERTA--(Marketwire - Feb. 19, 2010) - Blackdog Resources Ltd. ("Blackdog" or "the Company") (TSX VENTURE:DOG) is pleased to announce that on Wednesday, February 17, 2010, the Company received final approval from the Energy Resource Conservation Board ("ERCB") for its Enhanced Oil Recovery ("EOR")/ Salt Water Disposal ("SWD") at its light oil property at Woking, Alberta 80 km Northeast of Grande Prairie.

The Company is now sourcing equipment for its Surface Facility and expects to have the EOR/SWD fully functional in a few days.

The Company also advises that the majority of the equipment for well 5-15 has been delivered to the property and the Company expects to have that well up and producing by mid next week. The Company has also finalized its work over program for well 11-21 and intends to begin the well work over by the end of the month.


Blackdog Resources Ltd. is a junior oil and gas company focused on the development of light oil properties in SE Saskatchewan and Alberta. The Company currently has 20,968,687 common shares, in excess of $1 million in working capital and generates significant positive net cash flow on a daily basis.

Certain Information regarding Blackdog in this news release, including management's assessment of future plans and operations and productive capacity of the wells, 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 approval 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 in not exhaustive. Additional information on these and other factors could affect Blackdog's operations and financial results and included in reports on file with ( 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.

Neither the TSX Venture Exchange nor its Regulator Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of this release.

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