Blackdog Resources Ltd.
TSX VENTURE : DOG

Blackdog Resources Ltd.

February 16, 2011 10:47 ET

Blackdog Resources Ltd. Announces Casing of Horizontal Cardium Well in Pembina

CALGARY, ALBERTA--(Marketwire - Feb. 16, 2011) - Blackdog Resources Ltd. ("Blackdog" or "the Company") (TSX VENTURE:DOG) is pleased to announce that after successfully drilling its horizontal light oil development well to total depth and reviewing the logs and samples that the well has been cased.

The well was drilled into the prolific Cardium formation and the Company anticipates starting the completion and multi stage fracture stimulation process within the next 7-10 days.

Blackdog has a 15% Working Interest ("W.I.") in the well and section of land the well was drilled on.

About Blackdog

Blackdog is a junior oil and gas company with producing assets in Alberta and Saskatchewan. The Company currently has 24,574,318 Common Shares Outstanding.

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 involved 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, competitions from other producers, unexpected decline rates in wells, wells not performing as expected, delays resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and external resources. 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 that could affect Blackdog's operations and financial results are included in reports on file with Canadian securities regulatory authorities and maybe be accessed through the SEDAR website (www.sedar.com). 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 results of new information, future events or otherwise, unless so required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulations 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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