RE: Future Drilling programBridge Resources have the following wells to do this year.
Aspen and South Trent have to be started to drill before Dec. 22,2009 or dropped
Wherry a development well will be ready to drilled once the agreement of purchase and sale are completed with Century Exploration.
And an exploration well on Block 16/16b is also on tap for 2009.
Management has stated that these would be financed from revenues so hope we can land some reasonable rig rates. Maybe we can take over rig Sedco 712 from Oilexco who had locked in good rates. Rig rates will have to come down to reflect the price of oil or all drilling will be too expensive.
Have a good weekend all.
Tortoise10