Idaho Natural Resouces Corp fka BUKR

[elkonig]

This company still has a 7% position in Idaho. With new profitable operators Snake Oil and Alta Mesa, IDN may actually make money now.

[$PennyMover]

Company seems to be doing well this year.......moving right up in an ascending triangle.

[$PennyMover]

slow moving....needs a solid release here

[$PennyMover]

Bridge Resources Corp. Announces Durango Reserves Update Effective March 31, 2009
4/28/2009 7:16:59 PM - Market Wire

CALGARY, ALBERTA, Apr 28, 2009 (MARKET WIRE via COMTEX News Network) --

Bridge Resources Corp. (TSX VENTURE: BUK) ("Bridge") is very pleased to announce that the Bridge North Sea Ltd. 100% working interest Durango 48/21a-4Z well continues to be an excellent producer, currently delivering 25 million cubic feet of gas and 700 barrels of condensate per day on a constrained 40% choke. The well has produced 2.06 BCFG and 58,431 BO through March 31, 2009 and this cumulative production volume now allows preliminary material balance reserve estimates to supplement previous volumetric reserve estimates.

GLJ Petroleum Consultants Ltd. ("GLJ"), a leading Canadian reserves appraiser, was commissioned by Bridge to determine Durango reserves and valuation and has provided the following preliminary independent estimates effective March 31, 2009 in accordance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities:


BEFORE TAX NPV BEFORE TAX NPV
(undiscounted, (10% discount,
Reserves Category BCFG MBO BCFE $US MM) $US MM)
----------------------------------------------------------------------------
Proved Producing (P90) 16.963 413 19.441 143.2 106.7
----------------------------------------------------------------------------
Proved Plus Probable
Producing (P50) 25.019 624 28.763 238.1 149.6
----------------------------------------------------------------------------
Proved plus Probable
Plus Possible (PPP)
Producing (P10) 34.408 870 39.628 358.3 183.0
----------------------------------------------------------------------------

The GLJ reserve numbers exclude the 2.41 BCFE produced through March 31, 2009. GLJ also states that the flowing material balance estimate incorporated in the proved producing and proved plus probable producing numbers should be viewed as an absolute minimum. The net present values account for gas back-out under the current profile and are based on GLJ pricing forecasts as of March 31, 2009. However, the GLJ NPV numbers exclude the incremental value of the financial put commencing July 1, 2009 that hedges 4.8 BCFG over 12 months at 50p/therm (US$7.33/mcf).

The GLJ report will be posted May 1, 2009 on Bridge's website (www.bridgeresourcescorp.com) and will also be posted on SEDAR.

Durango is a key asset and Bridge has maximized insurance protection in the event of physical disruption anywhere in the production chain from the Durango subsea wellhead through to and including the onshore Bacton Processing Terminal. The policy provides for replacement of the host platform and also includes Loss of Production Insurance that would pay Bridge monthly for a rolling two years on forecast volumes at future monthly average oil and gas prices.

Billion Cubic Feet of Gas Equivalent: Where amounts are expressed on a billion cubic feet of gas equivalent ("bcfe") basis, natural gas volumes have been converted from barrels oil at a ratio of 6,000 cubic feet of natural gas to one barrel of oil. This conversion ratio is based upon an energy equivalent conversion method primarily applicable at the burner tip and does not represent value equivalence at the wellhead. Boe figures may be misleading, particularly if used in isolation.

The estimated values do not represent fair market value of the reserve estimates.

Statements in this press release may contain forward-looking information including expectations of future operations, operating costs, commodity prices, administrative costs, commodity price risk management activity, acquisitions and dispositions, capital spending, access to credit facilities, income and oil taxes, regulatory changes, and other components of cash flow and earnings. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Corporation. These risks include, but are not limited to, the risks associated with the oil and gas industry, commodity prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in development and production, delays or changes in plans, risks associated to the uncertainty of reserve estimates, or reservoir performance, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. The reader is cautioned not to place undue reliance on this forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Contacts:
Bridge Resources Corp.
Edward J. Davies
President
[phone]
Email: [e-mail]

Bridge Resources Corp.
Dave Antony
Chairman
[phone]
Email: [e-mail]

Bridge Resources Corp.
Scott Koyich
Investor Relations
[phone]
Email: [e-mail]
Website: www.bridgeresourcescorp.com


SOURCE: Bridge Resources Corp.

mailto:[e-mail] mailto:[e-mail] mailto:[e-mail] http://www.bridgeresourcescorp.com
Copyright 2009 Market Wire, All rights reserved.

[$PennyMover]

Looks like a good time to get back in. Recent news developments should prove positive.

[$PennyMover]

Bridge Resources Corp. Provides Details of Option Grant
12/19/2008 6:34:21 PM - Market Wire

CALGARY, ALBERTA, Dec 19, 2008 (MARKET WIRE via COMTEX News Network) --

Bridge Resources Corp. ("Bridge" or the "Corporation") (TSX VENTURE: BUK) has approved the granting of options to acquire 2,860,000 common shares of the Corporation ("Common Shares") to various directors, officers, employees and consultants. Of this amount 2,150,000 of the stock options were issued to directors and officers of the Corporation and 50,000 of the stock options were issued to DSK Consulting Ltd. which firm provides investor relations services for the Corporation. The options have an exercise price of $0.30 per Common Share and expire on December 22, 2013.

The Corporation has determined that exemptions from the various requirements of TSX Venture Exchange Policy 5.9 are available for the granting of the options. The options to DSK Consulting Ltd. vest in accordance with TSX Venture Exchange guidelines and will expire 30 days after the expiration of the contract for investor relations services.

Bridge now has a total of 131,648,042 Common Shares outstanding, warrants to acquire 69,726,706 Common Shares at an average price of approximately $1.05 per Common Share and options to acquire 8,350,500 Common Shares outstanding at an average price of approximately $0.86 per Common Share. The Corporation has in place a 10% rolling stock option plan and is therefore eligible to grant a total of 13,164,804 options leaving a total of 4,814,304 options unallocated under the plan.

Statements in this press release may contain forward-looking information including expectations of future operations, commerciality of any gas discovered, operating costs, commodity prices, administrative costs, commodity price risk management activity, acquisitions and dispositions, capital spending, access to credit facilities, income and oil taxes, regulatory changes, and other components of cash flow and earnings. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the company. These risks include, but are not limited to, the risks associated with the oil and gas industry, commodity prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in exploration, development and production, delays or changes in plans, risks associated to the uncertainty of reserve estimates, or reservoir performance, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. The reader is cautioned not to place undue reliance on this forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Contacts:
Bridge Resources Corp.
Edward J. Davies
President
[phone]
Email: [e-mail]

Bridge Resources Corp.
Dave Antony
Chairman
[phone]
Email: [e-mail]

Bridge Resources Corp.
Scott Koyich
Investor Relations
[phone]
Email: [e-mail]
Website: www.bridgeresourcescorp.com


SOURCE: Bridge Resources Corp.

mailto:[e-mail] mailto:[e-mail] mailto:[e-mail] http://www.bridgeresourcescorp.com
Copyright 2008 Market Wire, All rights reserved.

[$PennyMover]

Bridge Resources Corp. Announces Two UK North Sea Acquisitions
12/19/2008 9:00:56 AM - Market Wire

CALGARY, ALBERTA, Dec 19, 2008 (MARKET WIRE via COMTEX News Network) --

Bridge Resources Corp. (TSX VENTURE: BUK) is pleased to announce that Bridge North Sea Limited ("Bridge") has executed respective Memorandums of Understanding ("MOU") with Century Exploration (UK) Limited ("Century") wherein Bridge can acquire Century's remaining interest in the Southern North Sea Wherry development project and will acquire Century's 25% interest in three 25th Round blocks in Central North Sea Quad 9.

Bridge already holds a 50% interest in the Wherry portion of Block 48/24a in Licence P007 and thus wishes to acquire the 50% balance of the interest. Wherry comprises three structural closures, two of which have been penetrated and proven gas-bearing respectively by the 48/24a-1 well drilled in 1989 and the 48/21a-3 well drilled in 1991. The former well logged 60 feet of pay and tested 2.1 million cubic feet of gas per day. The latter encountered a much thicker 194 feet gas column feet that was not tested. Both wells were vertical and Bridge's initial strategic intent would be to drill a horizontal well across the crest of the structure with the thicker pay to achieve a high flow rate as an anchor for further development.

Bridge plans to seek Field Development Plan approval from the Secretary of State for the Department of Energy and Climate Change prior to any drilling. The Wherry assets do not contain any proved or probable reserves but DeGolyer MacNaughton in a report prepared in accordance with National Instrument 51-101 dated April 10, 2008, has independently assigned contingent resources, as follows.


Gross Contingent Hydrocarbon Resources Effective March 31, 2008
(Assumes 100%)
Low Best High
(MMcf) (MMcf) (MMcf)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
20,394 43,328 118,602

There is no certainty that that it will be commercially viable to produce any portion of the resources. The contingent resources are not categorized as reserves as contingencies exist including Field Development Plan approval from the Secretary of State for the Department of Energy and Climate Change.

Under the terms of the MOU, Bridge will pay Century an initial option fee following execution of a Sales and Purchase Agreement and have the option to pay an additional success fee within 60 days of commencing a well to fully earn the 50% working interest.

In the Central North Sea, Bridge will purchase Century's 25% interest in a 25th Round traditional drill-or-drop licence comprising full Block 9/26 and split Blocks 9/21 and 9/27b. Bridge will acquire this interest for payment of Century's licence application costs. The other interest holders comprise Valiant Exploration Limited (50%, Operator) and Silverstone CNS Limited (25%).

Both acquisitions are subject to approval of the assignments by the Secretary of State and regulatory approval.

Statements in this press release may contain forward-looking information including expectations of future operations, commerciality of any gas discovered, operating costs, commodity prices, administrative costs, commodity price risk management activity, acquisitions and dispositions, capital spending, access to credit facilities, income and oil taxes, regulatory changes, and other components of cash flow and earnings. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the company. These risks include, but are not limited to, the risks associated with the oil and gas industry, commodity prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in exploration, development and production, delays or changes in plans, risks associated to the uncertainty of reserve estimates, or reservoir performance, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. The reader is cautioned not to place undue reliance on this forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Contacts:
Bridge Resources Corp.
Edward J. Davies
President
[phone]
Email: [e-mail]

Bridge Resources Corp.
Dave Antony
Chairman
[phone]
Email: [e-mail]

Bridge Resources Corp.
Scott Koyich
Investor Relations
[phone]
Email: [e-mail]
Website: www.bridgeresourcescorp.com


SOURCE: Bridge Resources Corp.

mailto:[e-mail] mailto:[e-mail] mailto:[e-mail] http://www.bridgeresourcescorp.com
Copyright 2008 Market Wire, All rights reserved.

[$PennyMover]

Bridge Resources Corp. Confirms High Durango Production Rate
12/18/2008 9:02:11 AM - Market Wire

CALGARY, ALBERTA, Dec 18, 2008 (MARKET WIRE via COMTEX News Network) --

Bridge Resources Corp. (TSX VENTURE: BUK) is pleased to announce that its 100% interest Durango well is demonstrating excellent productivity. Flow rates have exceeded the target 30 million cubic feet of gas per day but the well has been mostly constrained to less than 20 million cubic feet of gas per day since first production on November 26 due to metering problems on Waveney Platform downstream of the separator. The platform operator is addressing the issue and Bridge expects to be boosting production to a high rate imminently. The flowing well-head pressure at a stable flow rate of 18.5 million cubic feet of gas per day is 2,597 psia compared to the initial shut-in well-head pressure of 2,770 psia. Average condensate production is 24.4 stock tank barrels per million cubic feet of gas.

The Durango well commenced production less than six months after completion of drilling and testing operations on the 48/21a-4Z appraisal well on June 16 and three months after receiving Field Development Plan approval on August 22. Bridge wishes to express its appreciation to ADIL, Project Manager, and to all the contractors involved in achieving the 14.3 km tie-back to Waveney Platform in such a short time.

Bridge is currently evaluating LAPS pipeline gas balancing issues arising from the high Durango flowing pressure. Bridge has formed an experienced team to target equitable resolution of this issue early in 2009 following a period of actual production to assess the impact on existing wells feeding LAPS. UK gas prices are currently averaging 55p/therm (US $8.25/mcf equivalent).

Bridge plans to build cash reserves prior to finalizing its 2009 drilling plans. Bridge currently operates 12 licenses in the UK North Sea but has only two commitment wells, Aspen and South Trent, which require commencement of drilling operations prior to December 22, 2009. At this time Bridge has not entered into any drilling contracts.

Statements in this press release may contain forward-looking information including expectations of future operations, commerciality of any gas discovered, operating costs, commodity prices, administrative costs, commodity price risk management activity, acquisitions and dispositions, capital spending, access to credit facilities, income and oil taxes, regulatory changes, and other components of cash flow and earnings. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the company. These risks include, but are not limited to, the risks associated with the oil and gas industry, commodity prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in exploration, development and production, delays or changes in plans, risks associated to the uncertainty of reserve estimates, or reservoir performance, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. The reader is cautioned not to place undue reliance on this forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Contacts:
Bridge Resources Corp.
Edward J. Davies
President
[phone]
Email: [e-mail]

Bridge Resources Corp.
Dave Antony
Chairman
[phone]
Email: [e-mail]

Bridge Resources Corp.
Scott Koyich
Investor Relations
[phone]
Email: [e-mail]
Website: www.bridgeresourcescorp.com


SOURCE: Bridge Resources Corp.

mailto:[e-mail] mailto:[e-mail] mailto:[e-mail] http://www.bridgeresourcescorp.com
Copyright 2008 Market Wire, All rights reserved.

[$PennyMover]

Bridge Resources Corp. Announces Durango Start-Up
11/27/2008 12:27 PM - Market Wire

CALGARY, ALBERTA, Nov 27, 2008 (MARKET WIRE via COMTEX News Network) --

Bridge Resources Corp. (TSX VENTURE: BUK) is pleased to announce that first gas and condensate production commenced today from its Durango Field in the UK North Sea.

The initial production rate is being progressively increased and a detailed report will be issued when the production rate build-up is complete.

Statements in this press release may contain forward-looking information including expectations of future operations, commerciality of any gas discovered, operating costs, commodity prices, administrative costs, commodity price risk management activity, acquisitions and dispositions, capital spending, access to credit facilities, income and oil taxes, regulatory changes, and other components of cash flow and earnings. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the company. These risks include, but are not limited to, the risks associated with the oil and gas industry, commodity prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in exploration, development and production, delays or changes in plans, risks associated to the uncertainty of reserve estimates, or reservoir performance, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. The reader is cautioned not to place undue reliance on this forward-looking information.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this information.


Contacts:
Bridge Resources Corp.
Edward J. Davies
President
[phone]
Email: [e-mail]

Bridge Resources Corp.
Dave Antony
Chairman
[phone]
Email: [e-mail]

Bridge Resources Corp.
Scott Koyich
Investor Relations
[phone]
Email: [e-mail]
Website: www.bridgeresourcescorp.com


SOURCE: Bridge Resources Corp.

mailto:[e-mail] mailto:[e-mail] mailto:[e-mail] http://www.bridgeresourcescorp.com
Copyright 2008 Market Wire, All rights reserved.

[$PennyMover]

Bridge Resources Corp. Provides Durango Status Report
11/17/2008 8:02 PM - Market Wire

CALGARY, ALBERTA, Nov 17, 2008 (Marketwire via COMTEX News Network) --

Bridge Resources Corp. ("Bridge") (TSX VENTURE:BUK) wishes to provide an update on the Durango development project.

The project is progressing to first production following delays due to bad weather. All sub-sea work is complete and work has resumed on the platform continuously for the last 5 days. All systems are now mechanically complete and final system commissioning is at an advanced stage. Following completion of the commissioning, gas pressurisation of the Durango pipeline will take place and gas production will commence.

Weather permitting, first gas production is anticipated later this week.

Statements in this press release may contain forward-looking information including expectations of future operations, commerciality of any gas discovered, operating costs, commodity prices, administrative costs, commodity price risk management activity, acquisitions and dispositions, capital spending, access to credit facilities, income and oil taxes, regulatory changes, and other components of cash flow and earnings. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the company. These risks include, but are not limited to, the risks associated with the oil and gas industry, commodity prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in exploration, development and production, delays or changes in plans, risks associated to the uncertainty of reserve estimates, or reservoir performance, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. The reader is cautioned not to place undue reliance on this forward-looking information.

SOURCE: Bridge Resources Corp.

Bridge Resources Corp.
Edward J. Davies
President
[phone]
Email: [e-mail]
Bridge Resources Corp.
Dave Antony
Chairman
[phone]
Email: [e-mail]
Bridge Resources Corp.
Scott Koyich
Investor Relations
[phone]
Email: [e-mail]
Website: www.bridgeresourcescorp.com

[$PennyMover]

Bridge Resources Corp. Announces Completion of Financing and Approval of Durango Plan of Development
8/22/2008 7:16:51 AM - Market Wire

CALGARY, ALBERTA, Aug 22, 2008 (MARKET WIRE via COMTEX News Network) --

Bridge Resources Corp. (TSX VENTURE: BUK) ("Bridge") is pleased to announce it has completed the previously announced Pounds Sterling 35,000,000 Durango project debt financing facility with The Royal Bank of Scotland plc as lead lender for a syndicate including KBC Bank NV and the National Australia Bank Limited. This senior debt facility has a five year repayment term and pays interest on commercial terms based on the LIBOR.

Bridge has converted the June, 2008 $10,000,000 K2 Principal Fund L.P. ("K2") debt facility into a $20,000,000 convertible subordinated note with a five year term ("Promissory Note"). The Promissory Note is convertible into common shares of Bridge ("Common Shares") at a price of $1.50 per Common Share for its duration and pays 10% annual interest in Common Shares of Bridge based on the market price at the time.

In addition, in the event Bridge does not offer to redeem the Promissory Note prior to the due date of the Escalation Fees (as defined herein), it shall be obligated to pay a bonus to K2 in the final three years of the Promissory Note, consisting of $1,000,000 worth of Common Shares in Year 3; $2,000,000 worth of Common Shares in Year 4 and $3,000,000 worth of Common Shares in Year 5 (herein the "Escalation Fees"). Bridge management intends to offer to repay the Promissory Note from Durango cash flow prior to such dates.

With conclusion of financing, the Secretary of State for Business Enterprise and Regulatory Reform ("BERR") has formally granted Field Development Approval for Durango. The Durango 48/21a-4Z well confirmed the pre-drilling independent Contingent Resources estimates by MHA Petroleum Consultants Inc. ("MHA"). Development approval by BERR now allows these Contingent Resources to be reclassified into reserves in accordance with National Instrument 51-101 - Standards for Disclosure of Oil and Gas Activities. Pursuant to a report update dated August 20, 2008, MHA has assigned reserves for the Durango field as follows:

Proved (P90) Proved plus Probable (P50) Gas BCF 29.0 36.7 Condensate MBO 750 950

The Durango Project, managed by ADIL, remains on target for first gas production October, 2008. The Technip Apache pipe laying vessel is scheduled to arrive later this month with the CTC Volantis umbilical laying vessel and the Bluestream Northern River diving support vessel scheduled to arrive early September to complete hook-up of the 14.3 km pipeline between the Durango well-head and the Waveney Platform. Modifications to Waveney Platform, including installation of the Durango sub-sea controls, are being undertaken by ODE under authorization from the platform operator Perenco (UK) Limited.

Bridge will have invested Pounds Sterling 80,000,000 in the UK North Sea from inception in 2005 through first Durango gas production with approximately Pounds Sterling 67,000,000 of this amount on Durango capital expenditures. The management estimated proved and probable reserves finding and development costs for the Durango expenditures are $2.98/mcfe (15.8p/therm) Durango expenditures. Bridge has secured an initial gas price insurance hedge of 50p/therm ($9.73/mcf) for 5.0 BCFG production and plans to supplement this with additional gas and condensate commercial hedges as market conditions warrant.

Subject to rig availability and other factors, Bridge plans to re-invest a significant portion of Durango cash flow in its 2009 six-well drilling portfolio comprising one gas development project appraisal well, three additional Southern North Sea Gas Area exploration wells, and two Central North Sea Oil Area exploration wells. Bridge plans to retain a minimum 50% working interest in the six wells and is currently requesting gross well costs from drilling management companies prior to securing partners.

K2 now owns or controls: (a) the $20,000,000 Promissory Note; (b) 1,250,000 Common Shares (less than 1%); and (c) Common Share purchase warrants to acquire a further 4,000,000 Common Shares at a price of $1.30 per Common Share (collectively the "Warrants"). Assuming the conversion of the Promissory Note in full and the exercise of the Warrants, K2 would hold 18,583,333 Common Shares (not including any Common Shares issuable upon payment of interest or Escalation Fees) or 12.3% of the issued and outstanding Common Shares. K2 may acquire ownership or control over further securities of Bridge in the future depending on market conditions. The securities issued to K2 are subject to a four month statutory hold period.

Bridge expresses thanks and appreciation to its shareholders and financial institutions for their funding and support during this initial growth period.

Statements in this press release may contain forward-looking information including expectations of future operations, commerciality of any gas discovered, operating costs, commodity prices, administrative costs, commodity price risk management activity, acquisitions and dispositions, capital spending, access to credit facilities, income and oil taxes, regulatory changes, and other components of cash flow and earnings. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the company. These risks include, but are not limited to, the risks associated with the oil and gas industry, commodity prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in exploration, development and production, delays or changes in plans, risks associated to the uncertainty of reserve estimates, or reservoir performance, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. The reader is cautioned not to place undue reliance on this forward-looking information.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this information.


Contacts:
Bridge Resources Corp.
Edward J. Davies
President
[phone]
Email: [e-mail]

Bridge Resources Corp.
Dave Antony
Chairman
[phone]
Email: [e-mail]

Bridge Resources Corp.
Scott Koyich
Investor Relations
[phone]
Email: [e-mail]
Website: www.bridgeresourcescorp.com


SOURCE: Bridge Resources Corp.

mailto:[e-mail] mailto:[e-mail] mailto:[e-mail] http://www.bridgeresourcescorp.com
Copyright 2008 Market Wire, All rights reserved.

[$PennyMover]

Bridge Resources Corp. Announces Filing of Annual Information Form and Oil and Gas Disclosure
8/5/2008 9:00:20 AM - Market Wire

CALGARY, ALBERTA, Aug 5, 2008 (Marketwire via COMTEX News Network) --

Bridge Resources Corp. ("Bridge")(TSX VENTURE:BUK) has filed it's Form 51-101F1 - Statement of Reserves Data and Other Oil and Gas Information, under National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities. The oil and gas information is included in the Annual Information Form filed by the Corporation on or about July 31, 2008. Such filings can be accessed electronically from the SEDAR website at www.sedar.com.

SOURCE: Bridge Resources Corp.

Bridge Resources Corp.
Edward J. Davies
President
[phone]
Email: [e-mail]
Bridge Resources Corp.
Dave Antony
Chairman
[phone]
Email: [e-mail]
Bridge Resources Corp.
Scott Koyich
Investor Relations
[phone]
Email: [e-mail]
Website: www.bridgeresourcescorp.com

Copyright (C) 2008 Marketwire. All rights reserved.

[$PennyMover]

Chart is looking nice today 07-14-08

[$PennyMover]

Bridge Resources Corp. Announces Closing of Previously Announced Bought Deal Financing
18:21 EDT Thursday, July 10, 2008

CALGARY, ALBERTA--(Marketwire - July 10, 2008) -



Bridge Resources Corp. ("Bridge" or the "Corporation") (TSX VENTURE:BUK) is pleased to announce that it has closed its previously announced bought deal financing (the "Offering"). Bridge, through Wellington West Capital Markets Inc. and Blackmont Capital Inc. (the "Underwriters"), issued a total of 28,440,000 units of the Corporation ("Units") at a price of $1.15 per Unit for gross proceeds of $32,706,000. Bridge expects to close on the balance of 2,000,000 Units within the next few days for additional gross proceeds of $2,300,000 (and in any event no later than July 18, 2008). Each Unit issued pursuant to the Offering consists of one common share of Bridge ("Common Share") and one-half of one Common Share purchase warrant ("Warrant"). Each whole Warrant is exercisable for a period of 18 months following the closing of the Offering and entitles the holder thereof to acquire one additional Common Share at a price of $1.35 per Common Share. In the event that Bridge's Common Shares trade at a closing price on the TSX Venture Exchange of greater than $2.00 for a period of 20 consecutive trading days at any time after four months and one day after the closing of the Offering, Bridge may accelerate the expiry date of the Warrants by giving notice to holders thereof and in such case the Warrants will expire on the 30th day after the date on which such notice is given by Bridge. The securities issued pursuant to the Offering are subject to a four-month hold period. Following the completion of the full Offering, Bridge will have 131,077,890 Common Shares issued and outstanding.

This news release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities offered will not be and have not been registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.

This announcement does not constitute an offer of securities, or form any part of an offer to sell or issue, or any solicitation or any offer to subscribe for or purchase any securities in Bridge in the United Kingdom ("UK"). Any such solicitation or offer would have to be made by way of an admission document in the UK, and any decision to subscribe would be made solely on the basis of the information contained in such a document. This announcement has not been approved by an authorized person pursuant to Section 21 of the Financial Services and Markets Act 2000 ("FSMA") and accordingly, it is being communicated in the UK only to persons to whom this announcement may be communicated without contravening the financial promotion prohibition in Section 21 of FSMA, including those persons who fall within Articles 19(5) and 49(2) of the FSMA 2000 (Financial Promotions) Order 2005.

Statements in this press release may contain forward-looking information including expectations of future operations, commerciality of any gas discovered, operating costs, commodity prices, administrative costs, commodity price risk management activity, acquisitions and dispositions, capital spending, access to credit facilities, income and oil taxes, regulatory changes, and other components of cash flow and earnings. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the company. These risks include, but are not limited to, the risks associated with the oil and gas industry, commodity prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in exploration, development and production, delays or changes in plans, risks associated to the uncertainty of reserve estimates, or reservoir performance, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. The reader is cautioned not to place undue reliance on this forward-looking information.

FOR FURTHER INFORMATION PLEASE CONTACT:

Bridge Resources Corp.
Edward J. Davies
President
[phone]

Email: [e-mail]


or

Bridge Resources Corp.
Dave Antony
Chairman
[phone]

Email: [e-mail]


or

Bridge Resources Corp.
Scott Koyich
Investor Relations
[phone]

Email: [e-mail]
Website: www.bridgeresourcescorp.com



Its a head fake in this market!
It's all about the charts......

[$PennyMover]

Looks like it found its support level. Guessing its trading in an uptrend with .30 swings

[$PennyMover]

Looks like a pincher is forming

[$PennyMover]

Bridge Resources Corp. Announces Successful Completion and Large Flow Rates for the Durango Well in the UK North Sea

Last update: 9:48 a.m. EDT June 10, 2008
CALGARY, ALBERTA, Jun 10, 2008 (MARKET WIRE via COMTEX) -- Bridge Resources Corp. (CA:BUK: news, chart, profile) ("Bridge") on behalf of its U.K. wholly-owned subsidiary Bridge North Sea Ltd. is very pleased to report that the Durango 48/21a-4z well (the "Durango Well") has successfully tested at a rate of 42.5 million cubic feet gas and an average 1,341 barrels of 61degrees API condensate per day on a 1" choke. This rate was constrained by the test facilities. Bridge has a 100% working interest in the Durango Well.

Flow test results were as follows:
Flowing
Wellhead
Choke Size Gas Condensate Pressure
(inches) (mmcf/day) (bbls/day) (psia)
52/64 33.2 1,016 2,439
56/64 36.5 1,186 2,383
64/64 (1") 42.5 1,341 2,230



Following Field Development approval by the Secretary of State, Bridge plans to proceed with a tie-in to the Waveney Platform, operated by Perenco, located 14.3 km northeast. First gas is planned for October 1st 2008.
The Durango well penetrated 580 feet of near horizontal reservoir section within the top 15 feet of the gas column at a depth of 9,026 feet. Average porosity is 19% ranging up to 22% and protective sand screens were run in the well bore across the entire reservoir section.
Bridge will commission an independent updated contingent resources report that it anticipates will confirm the previous estimate with no material changes. Following Plan of Development approval, the contingent resources would become reserves in accordance with National Instrument 51-101 - Statement of Disclosure for Oil and Gas Activities.
Bridge is currently negotiating a project facility for the development costs but may pursue other financing alternatives.
Statements in this press release may contain forward-looking information including expectations of future operations, commerciality of any gas discovered, operating costs, commodity prices, administrative costs, commodity price risk management activity, acquisitions and dispositions, capital spending, access to credit facilities, income and oil taxes, regulatory changes, and other components of cash flow and earnings. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the company. These risks include, but are not limited to, the risks associated with the oil and gas industry, commodity prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in exploration, development and production, delays or changes in plans, risks associated to the uncertainty of reserve estimates, or reservoir performance, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. The reader is cautioned not to place undue reliance on this forward-looking information.
Contingent Resources are those quantities of petroleum estimated, as of a given date, to be potentially recoverable from known accumulations using established technology or technology under development, but which are not currently considered to be recoverable due to one or more contingencies. Contingencies may include factors such as economic, legal, environmental, political, and regulatory matters, or a lack of markets. It is also appropriate to classify as contingent resources the estimated discovered recoverable quantities associated with a project in the early evaluation stage. Contingent Resources are further classified in accordance with the level of certainty associated with the estimates and may be subclassified based on project maturity and/or characterized by their economic status.
Disclosure provided herein in respect of barrels of oil equivalent (BOE) may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 MCF:1 BBL is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this information.

Contacts:
Bridge Resources Corp.
Edward J. Davies
President
[phone]
Email: [e-mail]

Bridge Resources Corp.
Dave Antony
Chairman
[phone]
Email: [e-mail]

Bridge Resources Corp.
Scott Koyich
Investor Relations
[phone]
Email: [e-mail]
Website: www.bridgeresourcescorp.com