RockBridge Resources Inc.

RockBridge Resources Inc.

October 19, 2010 03:01 ET

RockBridge Reports 3rd Successful Well at Woodrush

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 19, 2010) - RockBridge Resources Inc. ("RockBridge") (TSX VENTURE:RBE) announces that Dejour Enterprises Ltd., the operating partner of the Woodrush oil and natural gas property, has logged and is now casing its third oil well at this 6000 acre property, located 85km north of Ft. St. John in Northeastern British Columbia. The well was drilled to the seismically defined southeast edge of the Halfway reservoir in anticipation of a waterflood commencing as early as the first quarter of next year. It encountered slightly more than two meters of high quality oil sand and will be completed initially as an oil producer.

Dejour reports that this well is expected to be placed on production prior to the end of October, at an initial rate of 300-400 barrels of oil per day (BOPD), bringing the field oil production to more than 700 BOPD and total field production to between 1100 and 1200 barrels of oil equivalent (BOE) per day. RockBridge holds a 1.0% interest in the Woodrush and Drake properties.

RockBridge President and CEO, Adrian Van de Mosselaer, stated, "We are very pleased with the progress being made with our interest in the Woodrush property. This is an exciting time for RockBridge's oil and gas interests as we also look forward to the drilling of the first in a series of horizontal wells combined with mutli-stage frac technology commencing next month on our Cardium property where RockBridge holds a 35% to 50% interest in 2,880 acres."

About RockBridge

RockBridge has a diversified and broad resource base including varying interests in 19 oil and gas wells and properties in Alberta and B.C. including the Pembina Cardium properties where RockBridge has a 35% to 50% interest in 2,880 acres in the prolific Pembina field located about 50 miles southwest of Edmonton slated for the first horizontal well drilling in November, and 1 operating oil and gas well in the Bantry area about 60 miles northwest of Medicine Hat. Rustler Petroleum Inc. of Calgary owns the balance of the interests in the Pembina and Bantry properties and is now the operator. The operator has in total, identified 14 low risk horizontal drilling locations on the properties for development over several years. In addition, RockBridge has a 1.0% interest in the expanding Woodrush project together with 54 Newfoundland mineral claims prospective for rare earth elements and copper with its 2010 work program underway, 8 B.C. mineral claims and 9 Yukon mineral claims prospective for gold.



Adrian Van de Mosselaer, 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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