RockBridge Energy Inc.

RockBridge Energy Inc.

June 30, 2009 15:28 ET

RockBridge Energy Inc.: Operations Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 30, 2009) - RockBridge Energy Inc. (RockBridge) (TSX VENTURE:RBE) is pleased to provide an update on its oil and gas operations and activities since it completed its initial public offering and commenced trading in September 2008.

RockBridge, along with Brookemont Capital, in September 2008 acquired a number of oil and gas property interests including 9 producing oil and gas wells in the Pembina and Bantry areas of Alberta, producing approximately 35 boed (barrels of oil equivalent per day, on the basis of 1 boed for each 6 mcf, or thousand cubic feet, per day of gas). Over the last several months, production was reduced due to one of the severest winters in years and to required equipment repairs, however all wells are, or will shortly be, back to normal or better production. RockBridge continues to take steps to improve and optimize production.

RockBridge plans to shortly proceed with a rework program on one of its Pembina oil wells that previously produced to 2004. The previous operator had shut down the well after an equipment malfunction during attempts to improve production. RockBridge now plans to perform tests by perforation higher up in the casing to access the Belly River formation and indications are fair with Belly River production on nearby properties. Updates will be provided on commencement of the testing.

RockBridge in March 2009 acquired an 11.71% working interest in two gas wells in the Bigoray area of Alberta that were subject to rework programs. The work has been completed and both wells are now on stream providing sweet liquid-rich natural gas. The first well continues to produce gas at about 300 mcf per day for now and the second well initially tested at higher than anticipated levels and is also producing condensates or liquids including propane and butane. Production rates have not yet stabilized and the operator is in expected to provide further guidance within the next two weeks.

RockBridge has working interests in 11 producing oil and gas wells in Alberta, and the Bigoray wells, once production has stabilized, are expected to increase RockBridge's total net production by more than 60%.

RockBridge continues to review other prospects for participation in low risk oil and gas properties and work programs primarily in Western Canada. For more information on RockBridge, please visit the website at



Gary Mathiesen, President and CEO

This news release may include statements about expected further events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. RockBridge cautions that actual performance will be affected by a number of factors, many of which are beyond its control. Future events and results may vary substantially from what RockBridge currently foresees. Discussion on the various factors that may affect future results is contained in RockBridge's recent filings, available on SEDAR.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release

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