Total Kicks Off Garantiana Drilling in North Sea

Bridge Energy ASA announced that drilling of exploration well 34/6-2S has started. The well will target the Garantiana prospect which is located 19 miles (30 kilometers) northeast of Visund A platform in the Norwegian North Sea. The well is being drilled by using the Borgland Dolphin (mid-water semisub). The well targets are stacked Jurassic/Triassic reservoirs. The unrisked mean potential targeted by the well is estimated as 18 million barrels net to Bridge.

Bridge has 20 percent interest in the well. Total is the operator with 40% and the other partners are Det norske (20%) and Svenska Petroleum (20%).

"The Garantiana well is first in a program of four wells which Bridge expects to drill before the end of the current year. Taken together, the targets have the potential to add significant resources to Bridge and we look forward to the well results over the next few months," Bridge Energy CEO Tom Reynolds commented.

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