Blacksteel Energy Inc. Announces Casing of 16-26 Well and Appointment of Director
Blacksteel Energy Inc. (TSX VENTURE:BEY) (“Blacksteel” or the “Corporation“) is pleased to announce that drilling operations by its industry partner to test for Elkton light oil at its Crossfield 16-26-027-01W5 location (“16-26“) have concluded. The 16-26...
Blacksteel Energy Inc. is a junior oil and gas company involved in the exploration, exploitation, development and production of petroleum and natural gas resources. Blacksteel’s business plan is focused on a diversified portfolio of low risk, light oil weighted projects. The company has a 100% working interest in a four section P&NG lease in the Del Bonita Area of Southern Alberta. a portfolio of low risk, light oil weighted projects.It also has a 25% working interest in one section of land in the Crossfield area, which the Corporation believes is oil prospective in the Elkton formation, and varying working interests of 22% – 37.5% in 1840 acres of Crown land in the Devon area of Alberta.