Bear Ridge Resources Ltd.

Bear Ridge Resources Ltd.

April 30, 2007 10:21 ET

Bear Ridge Announces Tupper Operations Update

CALGARY, ALBERTA--(CCNMatthews - April 30, 2007) - Bear Ridge Resources Ltd. (TSX:BER) ("Bear Ridge" or "the Company") has successfully drilled and cased the 5th Tupper Montney test well at a-23-B/93-P-9. This well is over 3 km southwest of our closest previous well (a-51-B) and 8 km southwest of our furthest northeast well (c-86-A) which successfully extends the Tupper Montney reservoir trend materially to the southwest with increasing pay thickness. The well has in excess of 100 meters of net pay based on log parameters consistent with our existing 4 successfully tested wells which directly offset the Swan Lake pool. Bear Ridge plans to complete 3 separate Montney intervals in this wellbore post breakup.

The a-23-B well encountered the thickest pay interval of our 5 wells drilled to date, and reconfirms our geological and geophysical model, which firmly supports our previously estimated 800 bcf of original gas in place on Bear Ridge's land block.

The Company has received approval for our first 9 Montney wellsite licenses from the British Columbia Oil and Gas Commission ("OGC"). These wellsites can be utilized for pad drilling of up to 10 horizontal wells per pad and we have an initial development plan for up to 70 gross wells.

The 46 km sales pipeline is in the final stage of approval with the OGC and the gas plant application has also been recently submitted to the OGC. We expect full approvals for both projects before the end of June.

The Company is positioned to begin full development of the Tupper Montney gas field.


Bear Ridge is a an exploration and production company operating in Northeast BC and the West Central and Peace River Arch regions in Alberta. The Company's shares are listed for trading on the Toronto Stock Exchange under the symbol "BER".

Additional information regarding Bear Ridge and its business and operations is available on Bear Ridge's website and Bear Ridge's SEDAR profile at

Forward Looking Statements - Certain information regarding Bear Ridge Resources Ltd. set forth in this document, including management's assessment of Bear Ridge Resources Ltd.'s future plans and operations, contains forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond Bear Ridge Resources Ltd.'s control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, current fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, the lack of availability of qualified personnel or management, stock market volatility and ability to access sufficient capital from internal and external sources. Bear Ridge Resources Ltd.'s actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that Bear Ridge Resources Ltd. will derive there from.

Contact Information

  • Bear Ridge Resources Ltd.
    R. Alan Steele
    Chief Financial Officer and Interim Chief Executive Officer
    (403) 537-8440
    Bear Ridge Resources Ltd.
    2200, 330 - 5 Avenue SW
    Calgary, Alberta T2P 0L4
    (403) 537-8440
    (403) 537-8450 (FAX)