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September 17, 2015
Blackbird Energy Inc. Announces Tree Planting Program and Partnership with the Carbon Farmer
September 17, 2015 - Calgary, Alberta (TSX-V: BBI) Blackbird Energy Inc. ("Blackbird" or the "Company") is pleased to announce that it is partnering with the Carbon Farmer and implementing its corresponding Tree Planting Program ("TPP").
In 2015, Blackbird's management team, spearheaded by Garth Braun, Chairman, CEO and President decided to develop a plan to minimize and help offset Blackbird's environmental impact.
Blackbird's management believes the best way to offset this impact is through planting trees in the northwest Alberta corridor that it operates in. The planting of trees is used to both restore habitat, as it replaces trees that are cleared as part of well pad development, and it also aims to offset the CO2e that is emitted through the flaring of our natural gas during initial production testing.
For 2015, Blackbird has partnered with The Carbon Farmer, an Alberta owned and operated company, to plant 2,500 native trees in northwestern Alberta, which will restore approximately 15,000 square meters (14,576 m2 or 3.6 acres) of boreal forest on conserved land that was cleared historically for farming. This initial TPP is equivalent to the area of almost 10 NHL ice rinks and should fully offset the trees removed as part of Blackbird's 2015 drilling operations.
According to Tree Canada, 2,500 trees also have the potential to store 1,250 tonnes of CO2e. In comparison, we expect to typically flare approximately 610 e3m3 (~21 mmcf) of natural gas per well, which produces approximately 1,250 tonnes of CO2. The Carbon Farmer is in the process of certifying the 2015 TPP project to the Gold Standard and Blackbird will consider purchasing the resulting carbon credits as they become available.*
The TPP is focused on the restoration of habitat. The TPP has been developed around the principle of replacing all trees that will be removed in association with the construction of our upcoming 2-20 well pad and to potentially offset some of the emissions we create. The TPP is a completely voluntary pursuit, above and beyond any regulatory requirements for reclamation and emissions reductions currently in place for Blackbird's operations.
Garth Braun stated, "The Tree Planting Program illustrates Blackbird's continued mandate to operate within the highest of environmental standards, above and beyond those regulated. In addition, Blackbird desires to be a highly valued, respected and contributing corporate citizen in the communities that we operate in. We will be announcing further programs in the near future that will solidify our commitment to these principles."
*The Carbon Farmer estimates there will be 459 CO2e tonnes of certified Gold Standard carbon credits from the project, based on local growth conditions and species planted. The Carbon Farmer sells these carbon credits as a unique product, separate from the initial value of planting a tree for habitat restoration. Blackbird will consider purchasing these carbon credits as they become available, but to date Blackbird has not purchased, nor has any rights to, the carbon credits from the project.
About The Carbon Farmer
The Carbon Farmer is dedicated to bringing the highest quality habitat and carbon credits to market from the planting of nearly one million native trees on conserved land in Canada and around the world, while providing branded online platforms to its clients that can engage communities and encourage the sharing of positive environmental action on social media.
For more information, please visit wwww.thecarbonfarmer.ca
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