Member Info for kira

UPDATE: Bridge Energy reserves report underlines progress in the past year Tue 2:42 pm by Ian Lyall and Jamie Ashcroft City broker Cenkos today repeated a ‘buy’ recommendation and 238p price target for the junior oil firm.City broker Cenkos today repeated a ‘buy’ recommendation and 238p price target for the junior oil firm. 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, prepared by independent consultants AGR TRACS, revealed the North Sea explorer and producer’s contingent resource base grew to 66 million barrels of oil equivalent during the year from 37 million. A total of 22 million barrels were added to the figure via the drill bit after three successful discoveries from four exploration wells. Proved and probable reserves were 3.26 million barrels of oil equivalent as at December 31, up from 2.67 million a year earlier. The net present value of the Victoria, Duart and Boa discoveries is £67.4 million at a 10% discount rate. Bridge’s portfolio currently includes 11 UK North Sea discoveries and four in the Norwegian sector, where it holds 16 licences containing 22 prospects. Chief executive officer Reynolds said: "The recently completed reserves and resources report underlines the significant steps made by Bridge, through acquisition, development of our existing asset base and exploration success in 2012. “The step-change in the commercial resource base coupled with progressing our development portfolio provides for a very exciting growth phase for Bridge to build upon during 2013.” City broker Cenkos today repeated a ‘buy’ recommendation and 238p price target for the junior oil firm. “With 3 discoveries in 2012 at Contender, Asha and Garantiana, Bridge has materially increased its resource base and added near term development opportunities,” said analyst Ashley Kelty. “With a further 4 high impact exploration wells planned in 2013, we see Bridge offering the potential for significant additions to the portfolio and multiple opportunities for a re-rating of the stock. “We believe that further exploration success should see a commensurate increase in the share price.” http://www.proactiveinvestors.co.uk/companies/news/54130/update-bridge-energy-reserves-report-underlines-progress-in-the-past-year-54130.html

Usually Brokers estimates are more than double of a decent share, here it's lower than the SP, and they are all sitting and wondering which number to pluck from the air and call it a target price.

Panmure Gordon, 50.00p Investec, 45.00p Todays High, & 52 week high = 61.50 What a joke

Late reported from 12:10 Massive buy

Why is this such an empty board? No women, no men,falling head over heals to to impress them, But where are they?

13 February 2012 Bridge Energy ASA ("Bridge", "Group" or "the Company") Fourth quarter results presentation Bridge Energy, the Oslo Børs and AIM listed oil and gas exploration and production company (OSE: BRIDGE/ AIM: BRDG.L), will announce its Q4 2012 results on Thursday 28 February 2013 at 07:00 CET (06:00 GMT). Preliminary full year 2012 will be included in the Q4 report. Tom Reynolds, CEO, will present on the day at 09:30 CET (08:30 GMT) and a webcast of the presentation will be made available on the Company's website, www.bridge-energy.com, shortly thereafter. Bridge will be hosting the presentation at the Hotel Continental, Oslo, where a light continental breakfast will be served shortly before the presentation. For those wishing to attend the presentation, please register at reception@bridge-energy.com by no later than 16:00 CET on 26 February. Additionally Bridge will also provide live conference call facilities, enabling those wishing to do so the ability to dial in and listen to the presentation. The presentation slides will be available on the company website prior to the presentation. In order to obtain dial-in access code details, please register at Jessica.Allum@fticonsulting.com by no later than 16:00 CET 26 February. - Ends - For further information, please contact: Cenkos Securities Jon Fitzpatrick +44 207 397 1951 Neil McDonald +44 131 220 9771 FTI Consulting Edward Westropp, Natalia Erikssen, Jessica Allum +44 20 7831 3113 bridge@fticonsulting.com Notes to Editors Bridge Energy is an oil and gas exploration and production company which holds production licences in the UK (North Sea) Continental Shelf and exploration assets in both the UK and Norwegian Continental Shelves. The company is listed on the Oslo stock exchange (OSE: BRIDGE) and the London stock exchange (AIM: BRDG.L). The Company has a significant number of licences both within the UK and NCS, including several operatorships. Bridge has drilled 17 exploration and appraisal wells, including ten discoveries. Underpinned by existing production from its operated Victoria field, non-operated Duart field and non-operated Boa field, Bridge boasts a high impact exploration portfolio with a strong inventory of undeveloped gas discoveries which represents a sustainable business platform for production and exploration growth in the North Sea. For more information please visit: www.bridge-energy.com This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act

You might want to take a look at my GC page for more and Ichimoku chart and analysis http://www.lse.co.uk/general-chat-discussion.asp?page=21&TopCode=VI7KH7KW

The major support most likely is 255, which was in 2005 - 2007, long long ago The next minor support level is 277 Then there is a major support / resistance at 398

Ouch. Sorry guys Hope you all the very best

we are watching from the sidelines, just so u know

Oh No Not again

That Emma bloke is a spammer and is following all the Boards with the same message about a great facebook link, suggest ignore / report post

264 posts with 200 posts of the same facebook link? In 200 shares? What's going on? concentrate on the ones tht you have something, anything to say and please say it. Instead of posting this "Good Link" BS

You are correct, I am getting the same quote for dummy sells. See that big trade for 104K

Yes, They would happily give me 4.316 for 200K shares, and 4.33 for 50K. They are prepared to buy big quantities, because they are expecting big returns

I am wondering why they are playing the blind? Every one knows about the bids for the various assets so what's the secret?

COOL always publishes their last quarterly report on 31 Jan so it's not an unexpected expectation

2 ways of trading as you will know. 1. Buy them hold till your profit target through the dips and rises and sell. 2. Buy them sell at a lower target price, sell off and wait for a dip buy more shares, wait for a smaller peak, sell the lot and wait for the next dip to buy even more shares .-- A risky strategy, but works, Tried it once on HHR, though bought at a higher price initially, made more than 28% compared to if I held on through the dips and settled for 20%

Thanks. I thought so too Heard that there's a big seller with 750K at 4.75, but much more is bought so cannot understand. There are quite a few long term holders in double figures here, must be frustrating for them as is to all other recent holders

Cant understand this, so much of volume and the SP is hovering in a channel of 4.4 -- 4.7. Why? Can you shed some light?