BRDG are presenting in London on the 6th June at a proctive investors do - sorry cant post link - am rubbish on computers ! GLA
Tom Reynolds, CEO of Bridge Energy, commented: "In the first quarter of 2013, we have focused on building from a strong 4Q2012. The remapping of the Asha discovery, subsequent increase in resource estimates and likely unitisation with the Ivar Aasen field development has created significant value as well as expanding the options available to Bridge to achieve business growth. http://www.investegate.co.uk/bridge-energy-asa--brdg-/one/bridge-energy-asa---q1-results-for-the-period-e---/20130523060026H3868/
Long silences on this board so thanks for your post. Nice to know there's life out there somewhere. Was aware of events today and tomorrow and lets hope news will be positive enough to drive the sp up a little. This is an unloved sector and missed out the ftse 100 rises, yet this company appears to be doing well but with no real reward as yet. Very much relying on Oslo for any boost to the sp. Plenty going on here and maybe Pareto's predictions will come later in the year.
Just a memory jogger that the AGM is at noon today and Q1 results RNS first thing tomorrow followed by a presentation of those results by Tom in Oslo at 08.30 our time. Slides of the presentation will be on the website prior to the event and a video of it available shortly after. Current drillbit action is the wildcat gas prospect at Mjøsa which spudded 37 days ago and is the first drill to take place in licence area 511. It is operated by Wintershall, and Bridge has a 7.5% interest giving an unrisked potential of 14mmboe. GLA
26 Apr '13
Despite all the good news we have had the market appears to be marking this share down. We are definately under the radar. Volumes remain miniscule and I assume we are following Oslo down. Mr market has the attention span of a gnat. Talk of a downward correction in commodities is hurting the miners and some oilies, but with better economic news especially from across the pond I notice brent crude is back above $100 a barrel again. With that in mind plus success with the the drillbit you'd think Bridge would be better rewarded. It would seem that Pareto's assessment of this company has'nt gripped investors thoughts for very long.
23 Mar '13
Hope you are correct and that Pareto's predictions come true. Otherwise this is proving a tough market for a lot of oil explorers. Bridge's exploration track record has been excellent and will be rewarded in time.
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