License deal could lead to well on Aragon in North Sea

Bridge Energy (OSE: BRIDGE; AIM: BRDG.L) has completed the farm-out of a 16.5% interest in the Aragon prospect in the UK northern North Sea to Agora Oil & Gas (UK) and JX Nippon Exploration & Production (UK).

Offshore staff

OSLO, Norway – Bridge Energy (OSE: BRIDGE; AIM: BRDG.L) has completed the farm-out of a 16.5% interest in the Aragon prospect in the UK northern North Sea to Agora Oil & Gas (UK) and JX Nippon Exploration & Production (UK).

All parties, including operator MPXNorth Sea and Sorgenia E&P, have agreed to drill a well to test the prospect in license P1763 prior to 1Q 2015.

01/04/2013

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