Blackbird Energy (BBI) has notable insider buying

Blackbird Energy (:BBI)

Donald William Norman Noakes, a Senior Officer, acquired 94,300 Common Shares on a direct ownership basis at a price of $0.540 through the public market on April 6th, 2017. This represents a $50,922 investment into the company's shares and an account share holdings change of 13.5%.

Blackbird Energy Inc. is a Canada-based energy company. The Company is engaged in the exploration for and the production of oil and natural gas. The Company's operations are located in Western Canada. The Company is engaged in crude oil condensate and natural gas exploration, development and production in the Western Canada Sedimentary Basin. The Company is focused on the exploration and development of its interests in Elmworth Montney property, which is located near Grande Prairie, Alberta. In addition to its Elmworth Montney property, the Company holds non-core assets in Saskatchewan and Alberta. The Elmworth Montney property consists of approximately 53,600 net acres of prospective Montney lands. It is located in a condensate and liquids-rich gas corridor of the Montney.