RockBridge Energy Inc.
TSX VENTURE : RBE

RockBridge Energy Inc.

November 23, 2009 01:15 ET

RockBridge Update on BC Oil & Gas Properties Winter Program

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 23, 2009) - RockBridge Energy Inc. (RockBridge) (TSX VENTURE:RBE) announces that the operator of the Drake and Woodrush oil and gas properties in northern B.C., in which RockBridge has a working interest, has provided details of this winter's planned capital program. The program includes drilling and initially completing a further Woodrush well as a flowing oil well targeting a new oil pool in the Halfway formation. The drilling is planned for December with initial production testing to follow.

The capital program also includes a seismic program targeting the Halfway formation and it is expected that the seismic information will be used to identify and confirm additional Woodrush drilling locations over and above the well to be drilled in December. The seismic is also important in designing a potential secondary recovery waterflood, including locating possible water injection well sites. With the seismic data, a decision will then be made in about February 2010 as to proceeding with drilling a second new Woodrush oil well this winter.

ON BEHALF OF THE BOARD

ROCKBRIDGE ENERGY INC.

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.

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

Contact Information

  • RockBridge Energy Inc.
    Howard Milne
    (604) 687-4719