Bridge Resources Corp.
TSX VENTURE : BUK

Bridge Resources Corp.

August 06, 2008 17:52 ET

Bridge Resources Corp. Provides North Piper Well Status Report

CALGARY, ALBERTA--(Marketwire - Aug. 6, 2008) - Bridge Resources Corp. (TSX VENTURE:BUK) on behalf of Bridge North Sea (Central) Limited; BFW Drilling Limited; and Lariat Energy Limited is pleased to announce that the North Piper 15/11b-6 exploratory well is making good progress and currently drilling below 3,600 feet.

The drilling is being managed by Senergy Limited utilizing the Stena Spey semi-submersible rig. The primary objective Jurassic Piper Sands are prognosed at 7,000 feet depth and planned well depth of 7,700 feet should be reached on or around August 16, 2008.

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.

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