2011-03-29-2011-03-14-2011-03-14

To acquire 50% WI in in a 100% owned 7-section block at Bigstone targeting Montney formation.

Blackbird Energy Inc., Vancouver, (Toronto Venture: BBI) plans to farm out a stake in Calgary-based Donnybrook Energy Inc.'s (Toronto Venture: DEI)100% owned, seven-section block, where it is expected to drill a Montney formation horizontal test well in the Bigstone area of Alberta, Canada. Bigstone is on the same general Deep Basin Montney trend.

Blackbird is expected to pay an aggregate of approximately $1.053 million, or 37.% of the drilling costs, to earn a 37.5% working interest in the test well, subject to a convertible 10% gross overriding royalty on 37.5% of production. Upon recovery of drilling, completion and tie-in capital, Blackbird's interest will convert to an undivided 25% in the test well. In addition to these capital commitments, the farm-out agreement also provides for cash payment of approximately $142,000 for land acquisition costs incurred by Donnybrook in respect of the subject lands as well as pre-estimated surface lease construction costs.

Pursuant to the terms of the farm-out, the well must be spud by August 1, 2011, with Donnybrook acting as operator.

Garth Braun, Blackbird chief executive, says, "We are every pleased to announce our entry into what we feel will be a very promising play, with an established partner and operator, Donnybrook. The Montney shale play has the potential to be a very prolific play and we are excited about its potential, particularly given the newer drilling technology that will be applied."