Bridge Energy reveals Geite well is dry
Recently listed Bridge Energy (LON:BRDG) today revealed that an exploration well on the Geite prospect in the North Sea was unsuccessful. It said that Triassic reservoir sandstones were encountered...
View ArticleBridge Energy: Drilling starts on Asha/Noor exploration well
Recently listed North Sea oil firm Bridge Energy (LON:BRDG) this morning said that drilling operations have now begun on the Asha/Noor exploration well, offshore Norway. It is a multi-target well...
View ArticleBridge Energy reveals significant oil discovery in Norwegian North Sea
Bridge Energy (LON:BRDG) chief executive Tom Reynolds has expressed his delight following a significant oil discovery in the Norwegian North Sea. The Garantiana Well, on PL554, flowed at an initial...
View ArticleBridge Energy: Garantiana discovery well to be sidetracked
Bridge Energy (LON:BRDG) today confirmed that a sidetrack will be drilled in the Garantiana well which struck oil last week. On Friday it announced the significant discovery in the Norwegian North...
View ArticleBridge Energy reveals Asha Noor well result
Bridge Energy (LON:BRDG) has revealed preliminary results from the Asha Noor exploration well in the Norwegian North Sea. The well had targeted four separate reservoirs. The first two targets (Heimdal...
View ArticleBridge Energy: Garantiana discovery estimated at 25-75mln barrels recoverable
Bridge Energy (LON:BRDG) said its 20% owned Garantiana discovery in the Norwegian North Sea has been estimated at 25 to 75mln barrels of recoverable oil. This comes after a side-track to the original...
View ArticleBridge Energy: Cenkos initiates coverage with a buy recommendation and 238p...
Cenkos Securities this morning initiated coverage of North Sea exploration group Bridge Energy (LON:BRDG) with a ‘buy’ recommendation and 238 pence a share price target. Analyst Ashley Kelty likes the...
View ArticleBridge Energy’s PL457 venture given permission for sidetrack
North Sea focused Bridge Energy (LON:BRDG) told investors that it has received permission from the Norwegian authorities to drill a side-track well in the PL457 block.The sidetrack is for the 16/1-16...
View ArticleBridge Energy agrees farm-down of PI763 Aragon prospect
North Sea focused Bridge Energy (LON:BRDG) said a well will be drilled to test the Aragon prospect before the first quarter of 2015 - after it agreed a farm down of the licence. The company has...
View ArticleBridge Energy appoints Caroline Brown to board
Bridge Energy (LON:BRDG) has named Caroline Brown as a new board member. Dr Brown has 12 years' experience managing global finance functions and as a director of public and private companies, including...
View ArticleBridge Energy gets "valuable" addition to licence portfolio
Bridge Energy (LON:BRDG) has gained what it called a "valuable" addition to its portfolio - having been awarded a new licence.The Norwegian Ministry of Petroleum and Energy confirmed the company was...
View ArticleBridge Energy finance chief resigns
North Sea focused oil and gas explorer Bridge Energy (LON:BRDG) announced today the resignation of its finance chief. Eystein Westgaard has agreed to remain with the firm in his current position...
View ArticleBridge Energy: Asha discovery estimates at 30-100 mln barrels of recoverable oil
Bridge Energy (LON:BRDG) has told investors it believes the Asha discovery in the Norwegian Sea contains much more oil than it previously thought. The AIM quoted explorer now estimates the discovery...
View ArticleBridge Energy reserves report underlines progress in the past year
Bridge Energy (LON:BRDG) chief executive Tom Reynolds said the company’s updated reserves and resources report “underlines the significant steps” made in 2012 to develop the portfolio. The document,...
View ArticleUPDATE: Bridge Energy reserves report underlines progress in the past year
---Adds broker comment--- Bridge Energy (LON:BRDG) chief executive Tom Reynolds said the company’s updated reserves and resources report “underlines the significant steps” made in 2012 to develop the...
View ArticleBridge Energy had significant success in transformational fourth quarter,...
Bridge Energy (LON:BRDG) today released its fourth quarter statement which covered what it called a transformational period for the business. “Following our listing on AIM in London in September...
View ArticleUPDATE: Bridge Energy inks agreement to unlock value of Asha oil discovery
---Adds comments from chief executive--- It was revealed on Friday that Bridge Energy (LON:BRDG) could see value from the Asha discovery faster than many investors will have expected. The AIM quoted...
View ArticleBridge Energy could cash-in early on Asha discovery
Agreements reached last week could lead Bridge Energy (LON:BRDG) to cash in early from its success with the Asha oil discovery in the Norwegian North Sea. The discovery was made a touch over three...
View ArticleBridge Energy says drilling underway on exploration well
Drilling has started on the drilling of exploration well 6406/6-3 has started, Bridge Energy (LON:BRDG) revealed. The well will target the Mjøsa gas prospect, which is located 10 kilometres northeast...
View ArticleBridge Energy kicks on in first quarter
Bridge Energy (LON:BRDG) revealed it has kicked on from its strong end to 2012, with progress in key projects. The highlights included the Asha discovery, and a deal to potentially cash in early on...
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