Drilling Starts at Exploration Well 6406/6-3

Bridge, the Oslo Børs and AIM listed oil and gas exploration and production company has announced that the drilling of exploration well 6406/6-3 has started.

The well will target the Mjøsa gas prospect, which is located 10 km northeast of the Linnorm discovery within the Haltenbanken Area of the Norwegian Sea. The well is being drilled by the Transocean Arctic semi-submersible rig and is targeting Lower and Middle Jurassic reservoirs. The estimated unrisked mean potential targeted by the well is 14 mmboe net to Bridge.

Bridge has a 7.5% interest in the well. Wintershall is the operator with 25%, and the other partners are Maersk (25%), Petoro (20%), VNG (12.5%), and Tullow (10%).

[mappress]
Press Release, April 15, 2013