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Bullboard - Stock Discussion Forum Bridge Resources Corp V.BUK

TSXV:BUK - Post Discussion

Bridge Resources Corp > North Piper
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Post by Oil_investor on Aug 04, 2008 8:37am

North Piper

I really recommend everyone to buy stocks in bridge resources. In a few months Durango will start producing. One problem with many juniors is that they don't have enough money to develop their projects. That problem seems to be solved with bridge thanks to the Durango well. Don't forget that North piper is set to start drilling in the early August, so it may be onstream right now. North Piper is truly Bridge's corporate builder!

Comment by Bigbadoil on Aug 04, 2008 7:47pm
FYI, North Piper spudded last Tuesday. It must be close to the first zone now (Eocene). I expect some action this week. They will set intermiediate casing after drilling through Palaeocene, perhaps to test the upper Eocene and Lower Palaeocene. These are prospective for heavy oil. The main Jurassic (piper) target is light oil..Hang onto your hats..Bigbadun'
Comment by TheRealJRL on Aug 05, 2008 12:44pm
Why haven't BUK released any information about spud of North Piper? Accord to Rigzone the Stena Spey rig is drilling for Bridge North Sea. Stena Spey at Rigzone
Comment by Tinmann on Aug 05, 2008 10:07pm
The following is straight from the UK DTI well data site. Thanks to snafur for the heads up... Well spudded on July 29th. Estimated total drill time is ~3 weeks from spud. Well Registration No.= 15/11b- 6 Original Intent= Exploration Country Code= United Kingdom Onshore/Offshore= Offshore Quadrant No.= 15 Block No.= 11 Block Suffix= b Platform= NULL Value Drilling Sequence No.= 6 Wellbore Type ...more  
Comment by 2t3m on Aug 06, 2008 9:38am
Hi Tinman,I see that they are drilling a vertical well.I am new to oil and gas drilling. My question is, Vertical well is more appropriate for oil and cost less? Does it make a difference vertical or horizontal in the case of oil?Thanks!
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