BlackPearl Resources Inc. (BlackPearl) is an oil and natural gas company, engaged in the exploration for, and the acquisition, development and production of, oil and natural gas. Its core properties include Onion Lake, Saskatchewan, which is a conventional heavy oil property with a thermal enhanced oil recovery project under construction; Mooney, Alberta, which is a conventional heavy oil property using horizontal drilling and alkali, surfactant, polymer flooding, and Blackrod, Alberta, which is a bitumen property located in the Athabasca oil sands region using the Steam Assisted Gravity Drainage (SAGD) recovery process. It holds working interests, ranging from 50% to 100%, in approximately 14 net sections of land (8,960 net acres) in Onion Lake. It has a 100% working interest in approximately 95 sections (61,280 acres) in the Mooney field. Blackrod is a 100% owned in situ (SAGD) oil sands project. Its other properties include Fishing Lake, Reita Lake, Portage, Salt Lake and Unity.