Blackbird Energy Inc.'s CEO Garth Braun Interviewed by The Energy Report

SAN FRANCISCO, CA--(Marketwired - Feb 10, 2015) - When an energy company has grown its share price more than 400% against strong headwinds in one year, that's an attention-getter. The formula, as always, is to get the right management, after which value will be created and growth will follow. CEO Garth Braun of Blackbird Energy Inc. (TSX VENTURE: BBI) has made sweet lemonade out of a sour market in fossil fuels. In this interview with The Energy Report, Braun describes his business model and talks about his management and leadership style.

The Energy Report: Garth, a year ago, Blackbird Energy Inc. was a true penny stock. You were trading at about CA$0.07/share and your market valuation was below CA$11 million (CA$11M). Today your market cap is about CA$120M. How did you create so much shareholder value with energy prices plummeting?

Garth Braun: Let me start with the issue of falling energy prices. Blackbird is, at present, agnostic to commodity prices. Due to nonmaterial revenue generated from our noncore assets, we don't see the current commodity price environment as a negative, but rather as an opportunity to grow even faster. Because of that, we are not making our decisions based on cash flow fluctuations.

When we went out to raise capital in fall 2014, we attracted numerous institutions that deployed capital into Blackbird because of our ability to execute -- not just on drilling, but also on land capture and solving infrastructure issues. To put this in the simplest terms, we are able to grow the company and move it forward...

Continue reading this interview with Garth Braun: Leveraging Leadership, Foresight and Natural Gas Liquids

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DISCLOSURE:
Blackbird Energy Inc. paid The Energy Report to conduct, produce and distribute the interview. Garth Braun had final approval of the content and is wholly responsible for the validity of the statements. Opinions expressed are the opinions of Garth Braun and not of The Energy Report or its officers.