Bridge Energy buys small stake in productive North Sea field

Bridge Energy, the oil and gas company, has completed the acquisition of a small working interest in the producing Boa field in the North Sea from OMV (UK).

Bridge Energy, the oil and gas company, has completed the acquisition of a small working interest in the producing Boa field in the North Sea from OMV (UK).

Bridge is paying $18.1m for a 1.55% working interest in the field, back-dated to January 1st, 2012. The purchase adds around 0.5m barrels of proved plus probable reserves to Bridge's reserves.

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