Oil, Gas and Consumable Fuels
Company Overview of Black Swan Energy Ltd.
Black Swan Energy Ltd. produces and supplies oil and gas in Western Canada. The company has resource plays in Montney and Duvernay. Black Swan Energy Ltd. was founded in 2010 and is based in Calgary, Canada.
Suite 1200, Bow Valley Square III
255 - 5th Avenue SW
Calgary, AB T2P 3G6
Founded in 2010
Key Executives for Black Swan Energy Ltd.
Chief Executive Officer and President
Chief Financial Officer and Vice President of Finance
Vice President of Business Development
Vice President of Exploration
Compensation as of Fiscal Year 2015.
Black Swan Energy Ltd. Key Developments
Black Swan and Duvernay Enters Joint Venture
Jun 24 14
Black Swan Energy Ltd. signed a joint venture agreement to accelerate development of its Duvernay holdings in the Willesden Green area of Alberta. Black Swan says it has $500 million of equity financing provided by the Canadian Pension Plan Investment Board, KERN Partners and Warburg Pincus. The company is focused on early-entry western Canadian resource plays with significant land positions in the Montney play in northeast British Columbia and the Duvernay play in central Alberta, which are being actively developed. 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 Swans working interest in the area. Black Swan says it will have 27,640 net acres of Duvernay rights after completing the earning. The company said it continues to control 100% of its 92,640 acres of Duvernay rights in the Edson and Pembina areas in Alberta where it is currently drilling a horizontal Duvernay well with partners. The joint venture accelerates the pace of de-risking of Duvernay assets and, at the same time, allows to concentrate efforts on very prospective liquids-rich Montney acreage in northeast.
Black Swan Energy Ltd. Announces Appointment of Mark Whitley to Board of Directors
Apr 4 14
Black Swan Energy Ltd. announced the appointment of Mark Whitley to its board of directors. Whitley is an energy industry veteran with 38 years of experience in oil and gas engineering and operations. He has been actively involved in the shale development in the United States over the last 17 years. Whitley has led teams that were instrumental in developing techniques to economically develop the Barnett shale in north Texas and the Marcellus shale in the Appalachian Basin. Most recently, Whitley was senior vice-president of Range Resources in Fort Worth, Texas, from 2005-2012; prior to that he was vice-president of operations for Quicksilver Resources; prior to that he was vice-president and general manager for Mitchell Energy and then Devon Energy after the acquisition of Mitchell.
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