Mar 20, 2017
Black Swan Energy Announces Long Term Egress Commitment & Corporate Update
Calgary, Alberta, March 20, 2017 – Black Swan Energy is pleased to announce that it has entered into a long term commitment with TransCanada Corporation, for 229 MMcf/d of service on the North Montney Mainline for transportation on the NGTL system, with an expected on-stream date in Q2 2019.
Jun 23, 2016
First Nations Training Initiative
The first graduation ceremony of the First Nations Training Initiative in June 2016. Watch the video.
Feb 11, 2016
Black Swan Energy Announces Commissioning of 100% Owned & Operated Plant
Calgary, Alberta, February 11, 2016 – Black Swan Energy Ltd. is pleased to announce the commissioning and start-up of the first two phases at its new shallow cut gas processing facility in northeast British Columbia (NEBC).
Jul 6, 2015
Black Swan Energy Announces Closing of Strategic Acquisition & Equity Financing
Calgary, Alberta, July 6, 2015 – Black Swan Energy Ltd. is pleased to announce the closing of its acquisition of Carmel Bay Exploration Ltd. On June 9, 2015, Carmel Bay announced it had entered into an Arrangement Agreement with Black Swan whereby Black Swan would acquire all of the issued and outstanding shares of Carmel Bay for cash consideration in a transaction valued at approximately $200 million.
Jun 23, 2014
Black Swan Announces Duvernay Joint Venture
Black Swan Energy Ltd. has recently enetered into a joint venture agreement to accelerate development of its Duvernay holdings in the Willesden Green area of Alberta. Under the agreement, the joint venture partner will drill and complete certain wells and contribute 50% of its land position to earn 50% of Black Swan’s working interest in the area. After completion of the earning, Black Swan will have 27,640 net acres of Duvernay rights.
Dec 3, 2013
Black Swan Energy Announces $150 Million Equity Investment
Black Swan Energy Ltd. today announced that it has completed a $150 million increase in the equity capital commitments from its existing shareholders which include Warburg Pincus, Canada Pension Plan Investment Board and Azimuth Capital Management (formerly KERN Partners). This brings the total capital commitment from its shareholders to $501 million, with the new capital being used to fully fund the appraisal and early development of its current properties.
Apr 12, 2011
Black Swan Energy Ltd Announces Formation of New Exploration and Production Company in Calgary
Black Swan Energy Ltd (“Black Swan” or the “Company”), a privately held oil and gas exploration and production company, today announced that Warburg Pincus, the Canada Pension Plan Investment Board and Azimuth Capital Management (formerly KERN Partners) have agreed to invest up to C$350 million in the Company.