Search results for: Bridge energy

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  • 16 September 2013

    Bridge Energy ASA , the Oslo Børs and AIM listed oil and gas exploration and production company has noted the announcement today by Spike Exploration Holding AS (“Spike Exploration”) that it will launch an offer to acquire the entire issued share capital of Bridge through a voluntary cash tender offer of NOK 15.25 per Bridge […]

  • 4 December 2013

    Bridge Energy’s CEO and CFO are stepping down following the Spike Energy takeover deal. Bridge, the AIM listed oil and gas exploration and production company announces that Tom Reynolds and Jim Brunton have today resigned their respective positions as Chief Executive Officer and Chief Financial Officer of Bridge. These changes follow the completion of the […]

  • 28 November 2013

    Oslo Børs has received an application from Bridge Energy ASA, an oil and gas exploration and production company, for delisting of the company’s shares. Pursuant to Continuing Obligations section 15.1 (4)  cf Stock Exchange Act section 25 (1), Oslo Børs has  today made the following resolution: “The shares in Bridge Energy ASA will be delisted from […]

  • 11 July 2013

    Bridge, the Oslo Børs and AIM listed oil and gas exploration and production company, has announced that, along with its partners in the Licence, it has entered into a contract with Dolphin Drilling Limited to secure a drilling slot with the Blackford Dolphin semi-submersible rig. This rig will target the Aragon exploration prospect in the UK Northern North Sea, […]

  • 28 December 2012

    Bridge Energy today announced that production from Victoria field, located in the southern sector of the North Sea, off UK, has resumed. The production had been shut since November 30, because the gas export infrastructure system used by the Victoria field was unavailable. The system is now fully operational. Production from the Victoria field resumed on […]

  • 20 November 2013
    Business & Finance, Project & Tenders

    Spike Exploration has launched compulsory offer for remaining Bridge Energy shares. Reference is made to the announcement dated 13 November 2013 in connection with settlement of the voluntary offer from Spike Exploration Holding AS to acquire all shares in Bridge Energy ASA not already owned by Spike Exploration. Following settlement of the voluntary offer, Spike […]

  • 17 October 2013
    Business & Finance, Project & Tenders

    Bridge Energy, the Oslo Børs and AIM listed oil and gas exploration and production company, provides an update on the current exploration drilling campaign, targeting the Amol and Asha East prospects within the PL457 licence. Further to the announcement on 25th September 2013, the Company advises that the Asha East well has been drilled to […]

  • 22 November 2012
    Business & Finance, Project & Tenders

      Bridge Energy has provided an update on the progress of the ongoing 16/1-16 well on Wintershall-operated licence PL457 which is targeting four separate reservoirs: Heimdal formation, Åsgard formation (Noor), Hugin formation (Asha), and Zechstein group. The well was spudded on 24 October 2012 and drilling operations continue. No Heimdal sand was encountered by the […]

  • 27 June 2012
    Business & Finance

    Bridge Energy ASA, the Oslo Axess-listed oil and gas exploration and production company, has executed an agreement with Agora Oil & Gas AS which is 100% owned by Cairn Energy PLC (“Cairn”), for the farm-down of a 15% working interest in production licences PL497 and PL497B on the Norwegian Continental Shelf. After the transaction Bridge […]

  • 28 September 2012
    Business & Finance, Project & Tenders

    Bridge Energy ASA has through its wholly owned subsidiary Bridge Energy Norge AS (“Bridge”) completed the agreement with Agora Oil & Gas AS (“Agora”) which is 100% owned by Cairn Energy PLC (“Cairn”), for the farm-down of a 15% working interest in production licences PL497 and PL497B on the Norwegian Continental Shelf. After the transaction […]

  • 29 October 2013
    Business & Finance

    The new-in-post senior management team appointed by wind turbine tower manufacturer Mabey Bridge to oversee an expansion in the company’s renewables interests has hit the ground running – securing orders for more than 30 towers in just two months. Among the key contracts, won since the formation of Mabey Bridge’s new business line – Mabey […]

  • 20 December 2012

    Wintershall Norge, operator of PL 457, is about to complete operations on the 16/1-16A sidetrack on the Asha discovery in PL 457 in the Norwegian North Sea, Bridge Energy has today reported. The Asha discovery was made by the first wellbore, 16/1-16, encountering good quality oil in excellent reservoirs of the Middle Jurassic Hugin Formation […]

  • 30 June 2013

    Bridge Energy, the Oslo Børs and AIM listed oil and gas exploration and production company has provided an update on the scheduled restart of production from the Duart field, which is located in the UK North Sea and in which Bridge holds a 50% working interest. As announced by the Company in September 2012, the […]

  • 20 December 2012

    Bridge, the Oslo Børs and AIM listed oil and gas exploration and production company, today confirms that the gas export infrastructure system used by the Bridge operated Victoria field, in Southern North Sea, UK, has been unavailable since 30 November 2012. This unavailability is due to issues on the Lincolnshire Offshore Gas Gathering System (LOGGS) […]

  • 11 April 2012
    Business & Finance

    Bridge Energy ASA, the Oslo Axess listed oil and gas exploration and production company announces that production restarted on the Duart field on the 9 April 2012. The Duart field has been shut in since 5th October 2011 as a result of planned maintenance activity on the host Tartan platform. The extended shutdown on the […]

  • 8 August 2012
    Business & Finance

    Bridge Energy ASA has announced that drilling of exploration well 34/6-2S has started. The well will target the Garantiana prospect which is located 30 km northeast of Visund A platform in the Norwegian North Sea. The well is being drilled by using the Borgland Dolphin semi-submersible drilling rig. The well targets are stacked Jurassic/Triassic reservoirs. […]

  • 11 September 2012
    Business & Finance

    Bridge Energy has informed that drilling of exploration well 7/11-13 has started. The well will target the Geite prospect which is located 30 km west of the Ula field in the Norwegian North Sea. The well is being drilled by the Maersk Guardian jackup rig. The well target is a Triassic reservoir. The estimated unrisked […]

  • 4 January 2013

    Bridge Energy has completed an agreement with Agora Oil & Gas (UK) Limited, owned by Cairn Energy, and JX Nippon Exploration & Production (UK) Limited for the farm-down of a 16.5% working interest in the P1763 Aragon prospect in the UK Northern North Sea. As a result of the Transaction, all parties have agreed to […]

  • 14 August 2013

    Bridge Energy, an oil and gas exploration and production company, has announced that the exploration drilling campaign in the Wintershall-operated PL 457, covering wells targeting the Amol and the Asha East prospects, has kicked off, with the wells being located on the Utsira High and Gudrun Terrace, respectively. Both wells, located in the Norwegian sector of the North Sea, will […]

  • 17 August 2012

    The Duart field was shut in on 26 July due to a process shutdown on the host Tartan platform and has remained shut in to date. During the shut in period additional technical issues have come to light which prevent the restart of gas processing on the Tartan platform. The gas process is required to […]

  • 7 September 2012
    Business & Finance, Project & Tenders

    Det norske oljeselskap ASA, has as partner in PL 554 (20 percent), received indication of hydrocarbons presence in the Garantiana prospect,where Total E&P Norge AS is the operator. Drilling operations in the reservoir section are still at an initial phase and the final results are thus not yet available. The well is being drilled by […]

  • 15 October 2012

    Norwegian operator Det Norske is preparing to plug and abandon the Geite prospect in the North Sea. The company said that the 7/11-13 well, which was spudded in Mid-September, reached Triassic reservoir, but without hydrocarbons. The well, located west of Ula field in the Norwegian part of the North Sea, was drilled by the Maersk […]