RockBridge Resources Inc.

RockBridge Resources Inc.

February 03, 2011 11:54 ET

RockBridge Appoints New CEO

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 3, 2011) - RockBridge Resources Inc. (RockBridge) (TSX VENTURE:RBE) announces the appointment of Richard Wolfli, P. Eng. as President and CEO, as well appointing him as a member of the Board of Directors effective immediately. Outgoing President and CEO Adrian Van de Mosselaer will remain as a consultant to the Company and on the Board of Directors. Gary Mathiesen will resign from the Board of Directors to make room for Mr. Wolfli's appointment but will remain as the Company's CFO.

Richard Wolfli is an energy executive and engineer with 23 years of petroleum engineering, exploration and management experience. Mr. Wolfli is the past or present member of ten Board of Directors. Most recently he was CEO of a TSX-V exploration company, and previously has served as president of two other exploration companies.

RockBridge has granted Mr. Wolfli options for 350,000 shares exercisable over 5 years at $0.14 each, subject to vesting provisions.

RockBridge's outgoing CEO and President, Adrian Van de Mosselaer, stated, "We are very pleased to have Richard on board to lead RockBridge as we commence drilling on our Cardium property and as RockBridge moves to focus solely on the Oil and Gas sector. An Oil & Gas company needs an experienced Oil & Gas executive at the helm, and we could not be happier then to have Richard agree to assume this role."

About RockBridge

RockBridge has 35% to 50% working interests in 4.5 sections in the Pembina Cardium field in Alberta. The Company and its partner have identified 15 low risk horizontal drilling locations on the properties. In the first quarter of 2011, the Company will commence drilling the first of its horizontal wells targeting the Cardium formation. In addition, RockBridge has a 1.0% interest in the expanding Woodrush project and various non-operated interests in Alberta and British Columbia.



Adrian Van de Mosselaer, Outgoing 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.

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