Blackdog Resources Ltd.

Blackdog Resources Ltd.

November 15, 2006 16:21 ET

Blackdog Cases Breton/Pembina Well

CALGARY, ALBERTA--(CCNMatthews - Nov. 15, 2006) -

Not for dissemination in the United States.

Blackdog Resources Ltd. (TSX VENTURE:DOG), is pleased to announce that its farm-in exploration gas well in the Breton/Pembina area southwest of Edmonton, Alberta has been successfully drilled to total depth and after a review of the logs, the well was cased.

The Operator will be completing the well within the next couple of weeks and if that process is successful the well will be tied into a nearby pipeline and put onto production.

Under the terms of the farm-in agreement, Blackdog is paying 25% of all costs to completion to earn a 15% working interest, subject to a 10% Overriding Royalty, in the zones of the section of land that the agreement covers. A successful well may lead to additional wells in offset locations.

Forward Looking Statements - This news 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 the 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 the responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Blackdog Resources Ltd.
    David Corcoran
    VP Operations
    (403) 245-1726