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Bridge Resources Corp V.BUK



TSXV:BUK - Post by User

Post by robcowieon Jun 13, 2008 1:24am
517 Views
Post# 15180952

Tinmann

TinmannTinmann,it is good to hear from you again.I always value your expertise on these companies.I  have question for you on the North Piper drill.In Blackmont  Capital lastest report on (BUK).They state that time is of the essence because Bridge has a window of opportunity to  secure  a semi-submerible rig from Chevron,assuming the company can commit to a rig by June15,2008.A payment of  approximately $7.2 million is required by the end of the month to honour the commitment.If they can secure the rig they could be drilling by next month.If somehow they cannot secure it in this time frame.The North Piper would not be able to be drill until winter.Do you think there is any possibility, that they will not be able to secure the rig in this short time frame for a summer program.
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