Evaluated at $25 million. The Woodrush
RockBridge holds a 1% working interest in the Woodrush and Drake oil and gas properties located in the Peace River Arch area of northern BC, which properties were previously evaluated at $25 million.
The Woodrush and Drake properties currently include 6 natural gas and oil wells with associated production facilities, and recently, a further 2,000 acres of leasehold was acquired and added to the project
A drilling rig is now on site for a new oil well at Woodrush with completion anticipated for the end of March 2010.
So 1% of 25 million dollar property