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Bullboard - Stock Discussion Forum Bridge Resources Corp V.BUK

TSXV:BUK - Post Discussion

Bridge Resources Corp > I'm guessing that without the meter installed...
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Post by mikerosoft666 on Feb 10, 2009 1:52pm

I'm guessing that without the meter installed...


We aren't generating revenue ?
Comment by TORTOISE10 on Feb 10, 2009 3:17pm
 Bridge Resoures said,"The plan is then to build production from the current 15 mmcfd in increments of 5 mmcfd every two days or so.We will press release the final stabilized rate. The well itself is excellent".So with the meter installed we will go from 15 to 30mmcfd in a week or so. Therefore doubling our present revenues. And they also stated that the costs of production are ...more  
Comment by mikerosoft666 on Feb 10, 2009 4:03pm
I realized my question wasn't very cogent...   I was curious if we were selling into the pipeline since the hookup or if we were stopped awaiting the meter installation.Thanks Tortois - you clarified it.  We ARE selling the 15 mmcf/day but just can't move to 30 until new meter is in.Still not sure why this company would be selling off other than some folks just don't ...more  
Comment by channelcat1 on Feb 11, 2009 9:58pm
I think theres plenty of interest, which will be realized once production is increased. This is a nice entry right here.
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