Bridge Energy Looking for Partner for UK Assets

Following a strategic review of its portfolio, Bridge Energy ASA is seeking to identify a strategic partner to acquire up to half of its current interest in the producing Victoria Field, in the Vulcan East and Vulcan Northwest development projects and in the Triton exploration prospect. Bridge has retained Jefferies International Limited, the London based investment bank, to assist with the process. The company remains committed to these development projects and will retain a material interest and operatorship following any sale.

Bridge Energy is continually seeking to optimise its portfolio of assets and to utilize the company's resources in the most efficient way. The introduction of a strategic partner would allow the company to pursue additional growth options in parallel with the development of its UK gas portfolio.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Executive Protection Coordinator
Expertise: Risk Management|Security
Location: TX
United States Denver: Proposals Specialist
Expertise: Business Development|Marketing|Sales
Location: Denver, CO
Landman - Midstream Surface Land
Expertise: Landman
Location: The Woodlands, TX
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours