Bridge Resources Corp. Announces Commencement of Durango Well

Bridge Resources Corp. commenced its Durango 48/21a-4 well in the UK Southern North Sea Gas Area. This will be Bridge's first operated well in the North Sea and Bridge holds a 100% working interest.

The Ensco 100 rig arrived on site at 15:30 hours February 16 and commenced drilling at 16:00 hours February 19. It is anticipated that drilling, completion, and testing operations will take approximately two months.

The well is targeting 42.4 bcfe Contingent Resources in the Leman Formation. With drilling confirmation and BERR Plan of Development approval, production of gas and condensate through a new pipeline to the Perenco-operated Waveney Platform and then through the existing LAPS pipeline system to the Tullow-operated onshore Bacton Processing Plant is planned.

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