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Bridge Resources Corp V.BUK



TSXV:BUK - Post by User

Comment by TO1on Jun 13, 2008 8:05pm
283 Views
Post# 15184758

April 17 NR."Bridge announces an anticipated spud

April 17 NR."Bridge announces an anticipated spud
April 17 NR.
"Bridge announces an anticipated spud date of its North Piper 15/11b-6 well on or about July 10, 2008. Bridge has entered into an agreement with Senergy Limited, a UK based drilling company, to drill the well using the Stena Spey semi-submersible rig."

The Stena Spey rig currently spud a well, the Athena-18 well, for IAE on June 6 and operations are to take 50 days, weather permitting. This would put the timeline at around June 25 + a couple of days to relocate the rig to the N. Piper location.
In the past IAE's Athena wells have taken about 30 days to drill. If this was the case with this latest IAE well it would have landed in BUK's hands sometime just before July 10, in line with their original timeline.
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