UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported February 25, 2009
BLACKBIRD PETROLEUM CORPORATION
(Name of Small Business issuer in its charter)
Nevada 000–53335
20-5965988
(State or other jurisdiction of (Commission File No.)
(IRS Employer
incorporation or organization)
Identification No.)
1630 York Avenue
Main Floor
New York, New York 10028
(Address of principal executive offices)
Registrant’s telephone number (212)315-9705
Ark Development, Inc.
4225 New Forrest Drive
Plano, Texas 75093
(Former name or former address, if changed since last report)
-------------------------
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Entry into a Material Definitive Agreement
On February 25, 2009, Blackbird Petroleum Corporation (the “Company”) entered into a binding Letter of Intent with Black Goose Holdings, Inc. of Calgary, Alberta, Canada. The LOI cover terms and conditions for the purchase of 100% of the business assets of Black goose including:
·
Some forty thousand acres of oil and gas exploration leases in northern British Columbia and Alberta, complete with seismic exploration and projected drill locations for some 29 prospective wells;
·
The entire Black Goose Seismic Data Base; and
·
Black Goose Intellectual Property and/or Contractual Relationships; and all Black Goose Modeling, including related flow-through drilling and/or acquisition opportunities
In return, Blackbird Petroleum Corporation to pay 20% of all profits resulting from activities relating to the acquired lease interests to Black Goose as well as a payment of $340,000 Cdn (US $264,000) to deliver all of the assets lien-free and an current audit.
Item 9.01
Financial Statements and Exhibits
(d)
Exhibits
Exhibit Number |
| Description |
99.1 |
| Copy Of Letter of Intent |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Blackbird Petroleum Corporation
Date: March 2, 2009
__/s/ Antonio Treminio____________
Antonio Treminio, Chief Executive Officer
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