Blackdog Resources Ltd.

Blackdog Resources Ltd.

October 30, 2006 08:55 ET

Blackdog Cases Crystal Well

CALGARY, ALBERTA--(CCNMatthews - Oct. 30, 2006) - Blackdog Resources Ltd. (TSX VENTURE:DOG), is pleased to announce that its farm-in exploration gas well in the Crystal/Pembina area of Alberta has been successfully drilled to total depth and after a review of the logs, the well was cased.

The operator will be Fracture Stimulating the well within the next 10 days 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 in the section of land the agreement covers. A successful well may lead to additional wells in offset sections.

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 responsibility for the adequacy or accuracy of the contents of this press release.

Contact Information

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