BBI Blackbird Energy

Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is very
pleased to announce the results of its revised independent reserves evaluation
of its Bigstone project in accordance with National Instrument 51-101 Standards
of Disclosure for Oil and Gas Activities ("NI 51-101") as at April 30, 2014.


Highlights - April 30, 2014 compared to July 31, 2013

Proved Reserves



--  Increased Proved reserves by 247% to 434 Mboe (33% liquids). 
--  Increased NPV of Proved reserves by 394% to $3.58 million (before tax
    discounted at 10%). 



Proved plus Probable Reserves



--  Increased Proved plus Probable reserves by 195% to 2,259 Mboe (33%
    liquids). 
--  Increased NPV of Proved plus Probable reserves by 479% to $22 million
    (before tax, discounted at 10%). 



Summary of Reserves

The reserves data set forth below is based upon an independent reserves
evaluation prepared by GLJ Petroleum Consultants ("GLJ") with an effective date
of April 30, 2014 (the "GLJ Report"). The following presentation summarizes
Blackbird's crude oil, natural gas liquids and natural gas reserves and the net
present values before income tax of future net revenue for


Blackbird's reserves using forecast prices and costs based on the GLJ Report.
The GLJ Report has been prepared in accordance with definitions, standards, and
procedures contained in the Canadian Oil and Gas Evaluation Handbook and NI
51-101.




                                                  Natural Gas      Total Oil
                                   Natural Gas        Liquids     Equivalent
Reserves Category                       (MMcf)         (Mbbl)         (Mboe)
----------------------------------------------------------------------------
Proved                                                                      
  Developed Producing                      109              9             27
  Developed Non-Producing                1,623            136            407
Total Proved                             1,732            145            434
Probable                                 7,285            611          1,825
Total Proved plus Probable               9,017            756          2,259



A summary of the Company's estimated future net revenues associated with
Blackbird's Bigstone reserves as at April 30, 2014 based on the GLJ April 30,
2014 price forecast is provided in the following table. It should not be assumed
that the net present values estimated by GLJ represent fair market value of the
reserves. Numbers presented in table may not add exactly due to rounding.




                                      0%       5%      10%      15%      20%
Reserves Category                   ($M)     ($M)     ($M)     ($M)     ($M)
----------------------------------------------------------------------------
Proved                                                                      
  Developed Producing                297      288      281      273      267
  Developed Non-Producing          6,399    4,517    3,303    2,464    1,848
Total Proved                       6,696    4,805    3,584    2,737    2,115
Probable                          42,827   26,673   18,479   13,666   10,533
Total Proved plus Probable        49,523   31,478   22,063   16,403   12,648



About Blackbird

Blackbird Energy Inc. is a Western Canadian based company that explores,
develops and produces oil and natural gas in Western Canada. The Company is
managed by a proven technical team. Blackbird trades on the TSX Venture Exchange
under the symbol BBI.


Blackbird's team is focused on originating new high quality oil and liquids rich
gas projects in NW Alberta and Saskatchewan.


For more information please visit the company's website and view the corporate
presentation at www.blackbirdenergyinc.com.


On behalf of the board of

BLACKBIRD ENERGY INC.

Garth Braun, Chief Executive Officer and Director

Reserves Advisory

This press release contains estimates of the net present value of our future net
revenue from our reserves. Such amounts do not represent the fair market value
of our reserves.


Certain natural gas volumes have been converted to barrels of oil equivalent
("boe") using six thousand cubic feet ("mcf") of gas equal to one barrel ("bbl")
of oil unless otherwise stated. This conversion ratio is based on an energy
equivalency conversion method primarily applicable at the burner tip and does
not represent a value equivalency at the wellhead. Such disclosure of boes may
be misleading, particularly if used in isolation.


Proved reserves are those reserves that can be estimated with a high degree of
certainty to be recoverable. There is at least a 90% probability that the
quantities actually recovered will equal or exceed the estimated proved
reserves. Probable reserves are those additional reserves that are less certain
to be recovered than proved reserves. There is at least a 50% probability that
the quantities actually recovered will equal or exceed the sum of the estimated
proved plus probable reserves


Disclaimer for Forward-Looking Information

This press release contains forward-looking statements or information
(collectively referred to herein as "forward-looking statements") relating to
the revised independent reserves evaluation and the reserve quantities of the
Company's Bigstone asset Reserves that are deemed to be forward-looking
statements as they involve the implied assessment, based on certain estimates
and assumptions, that the reserves described exist in quantities predicted or
estimated and that the reserves can be profitably produced in the future.


Such statements are subject to risks and uncertainties that may cause actual
results, performance or developments to differ materially from those contained
in the statements and are not guarantees of future performance of the Company.
No assurance can be given that any of the events anticipated by the
forward-looking statements will occur or, if they do occur, what benefits the
Company will obtain from them. These forward-looking statements reflect
management's current views and are based on certain expectations, estimates and
assumptions which may prove to be incorrect. A number of risks and uncertainties
could cause our actual results to differ materially from those expressed or
implied by the forward-looking statements, including: (1) a downturn in general
economic and business conditions in North America and internationally, (2) the
inherent uncertainties and speculative nature associated with oil and gas
exploration and production, (3) the price of and demand for oil and gas and
their effect on the economics of oil and gas exploration, (4) any number of
events or causes which may delay or cease exploration and development of the
Company's property interests, such as environmental liabilities, weather,
mechanical failures, safety concerns and labour problems, (5) the risk that the
Company does not execute its business plan, (6) inability to retain key
employees, (7) inability to finance operations and growth, and (8) other factors
beyond the Company's control. Should one or more of these risks or uncertainties
materialize, or should any of the Company's assumptions prove incorrect, actual
results may vary in material respects from those projected in the
forward-looking statements. Readers are cautioned that the foregoing list of
risks, uncertainties and other factors is not exhaustive. Unpredictable or
unknown factors not discussed could also have material adverse effects on
forward-looking statements. The impact of any one factor on a particular
forward-looking statement is not determinable with certainty as such factors are
dependent on other factors, and the Company's course of action would depend on
its assessment of the future considering all information then available. All
forward-looking statements in this press release are expressly qualified in
their entirety by these cautionary statements. Except as required by law, the
Company assumes no obligation to update forward-looking statements should
circumstances or management's estimates or opinions change.


THE TSX VENTURE EXCHANGE INC. HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS
OF THIS PRESS RELEASE. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION
SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE
EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Blackbird Energy Inc.
Garth Braun
President and CEO
(587) 538-0383


Blackbird Energy Inc.
Joshua Mann
Vice President, Business Development
(403) 390-2144
www.blackbirdenergyinc.com


Brisco Capital Partners Corp.
Katrin Tosine
Director of Investor Relations
(647) 388-4984
kat@briscocapital.com

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