Member Info for smidsy

132.5p paid. Not one sell so far. Only buys. Investors have confidence in this beauty.

Inreased production by 260 barrels of oil equivalent per day........... Bridge completes acquisition of interest in Boa field StockMarketWire.com Bridge Energy has completed the acquisition of a 1.55% working interest in the producing Boa field from OMV (UK) for an adjusted consideration of $18.1m with an effective date of 1 January 2012. The acquisition includes a transfer of around 40,000 barrels of oil stock which will be sold following completion for an estimated value of around $4.4m (based on prevailing prices of around $110/bbl). The acquisition is being funded through a combination of current cash and Bridge's existing reserve base lending facility. The acquisition increases group 2012 production by 260 barrels of oil equivalent per day.. At 8:07am: (LON:BRDG) share price was +2.5p at 127.5p

Good morning Gazza didn't know you were on here as well. I think we have made the right choice and you can see from my previous posts that this company is going places.

Glad to have you on board, I see you have been 'promoting' BRDG amongst your other boards. Nothing like a bit of confidence and follow your convictions. As Bridge becomes more known on AIM I see this SP soaring. Bridge is already a strong company with huge financial back up.

Another tick up. Now at 125.00p = 132.00p Are the MM's expecting a busy day?

Now 124.00p - 130.00p

Bridge goes from strength to strength.

CEO' s comments to latest RNS Bridge's CEO, Tom Reynolds, commented: "The completion of the Boa acquisition continues our previously stated strategy to build a solid cash flow base for future re-investment and growth. The Boa field delivers reliable production with very strong operating margins, which is efficiently supported by our accumulated tax pool in the UK. The addition of Boa also continues to broaden our producing assets portfolio and further diversifying our revenue streams."

Forget my last post iv'e just googled it and got an answer.

Please excuse my ignorance but what is a wireline?

Our friend MM33 is coming up with great posts. He is in Norway and gets the news first hand. See below for his posts.

122.00 bid 129.00 ask, 128.6 p just paid. This share is gathering momentum.

Once the potential of BDGE becomes known we will have a lot of investors wanting a slice of this wonderful cake.

So to put your last post into simple lay-man terms are you saying that there could be a lot more oil than previously thought?

You have your own 'spy in the sky'. Superb http://www.marinetraffic.com/ais/

It is some nine weeks since drilling started with the Borgland Dolphin Rig and as I am new to North Sea drilling and the time scales involved I can only assume from the information to hand and the observations by MM33 that it is very probable that samples could be on their way for analysis. how long it takes to measure flow rates is another item that again I know nothing about. Can we expect a RNS in the near future giving us details of any oil discovered?

The Garantiana Well is being drilled by the Borgland Dolphin Rig and spud on the 6th. August 2012. The Garantiana has net unrisked potential 18 mmboe. Hydrocarbon presence has been found in the Garantiana prospect and the drilling was ongoing.

Great post. You'r like our own 'spy in the sky' how do you know about the supply ships?

Thanks for the post which shows that our CEO is giving a presentation to other Oil CEO's on how to run their organisations from a financial point of view. How much confidence does that give you. Absolutely brilliant. How to successfully devise and implement successful capital raising and financing strategies Mr Tom ReynoldsTom Reynolds has 18 years’ experience with the energy sector. Mr. Reynolds is a chartered Chemical Engineer and has held a variety of commercial and business development posts within British Nuclear Fuels plc, Total SA and BP plc. In... more.. •What are the new innovative financing strategies available? •How to access working capital quickly •What’s the right capital structure for growing juniors and independents? •Debt v Equity v PE – what financing works better and when? › Mr Tom Reynolds, CEO, Bridge Energy ASA

Bridge Energy ASA: First day of dealings on AIM Tekst 27 September 2012 Bridge Energy ASA ("Bridge", "Group" or "the Company") Bridge, the Oslo Axess-listed oil and gas exploration and production company (OAX: BRIDGE) is pleased to announce that its ordinary share capital has this morning at 08.00 BST been admitted to trading on AIM, a market operated by the London Stock Exchange plc under the trading symbol BRDG.L. Admission Details · The Group's trading symbol is BRDG.L and the Group's ISIN code is NO0010566235 * The market capitalisation of the Group following the Admission is c. £75m. * The total number of Ordinary Shares in issue at Admission was 63,429,169 · Cenkos Securities acted as Nominated Adviser and Broker to the Group. Bridge is an independent oil and gas exploration and production business with activities in both the UK and Norway. Incorporated in Norway, the Company was listed on Oslo Axess on 21st May 2010. The Group is a growth business and has plans to increase both production and resources through a balanced programme of acquisition, exploration and development, using its existing portfolio as a foundation. Commenting on the successful Admission to AIM, Tom Reynolds, Chief Executive Officer of Bridge Energy commented: "I am very pleased to announce the first day of dealings of our shares on AIM; it is another very important step in realising our strategy of becoming an established, mid-cap exploration and production company. I would also like to thank our existing shareholders for their continued support and I look forward to welcoming new investors from the London market." For further information please contact: Bridge Energy Tom Reynolds, Chief Executive tom.reynolds@bridge-energy.com