Blackdog Resources Ltd.

Blackdog Resources Ltd.

December 12, 2007 10:38 ET

Blackdog Announces Spud Date of Next Pembina Well

CALGARY, ALBERTA--(Marketwire - Dec. 12, 2007) - Blackdog Resources Ltd. (TSX VENTURE:DOG) is pleased to announce that all licensing and permitting has been approved and that the spud date for its next exploration farm-in well in Pembina is anticipated for between December 15-17, 2007.

Under the terms of the farm in agreement, Blackdog is paying 20% of all costs to completion or abandonment to earn a 12% working interest in two sections of land. The primary target of this multi-zone, multi-target well is oil. Infrastructure is in place and a successful well would be expected to be completed and be generating revenue in Q1, 2008. A successful well could also lead to the drilling of several developments wells in 2008.

Forward Looking Statements - This press release contains statements about future events that are forward looking in nature and, as a result, are subject to certain risks and uncertainties such as changes in plans or occurrence of unexpected events. Actual results may differ from the estimates provided by management.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of the contents of this press release.

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