Bridge operates 100% working interest in 12 licences comprising 17 blocks and operates a 50% working interest in one other licence with one block. These 18 blocks cover 2,250 square kilometers gross and 2,175 square kilometers net.

Bridge holds 12 blocks in the Southern North Sea Gas Area and has drilled one well to date, the Durango 48/21a-4z that tested 43.5 million cubic feet of gas and 1,380 barrels of 61° API condensate per day. A Field Development Plan was subsequently approved by the UK Government and first production commenced November, 2008. Durango Proved and Probable Reserves are 36.7 billion cubic feet gas and 950,000 barrels condensate. The Durango well is a subsea completion that has been tied back to Waveney Platform for transportation through the LAPS pipeline to the Bacton onshore processing terminal.

Bridge plans to drill two exploratory wells in 2009 on Blocks 43/24b and 47/20a. A development well is also planned on Block 48/24a subject to conclusion of an acquisition in progress and to field development approval. Reserves exposure for the three wells is 300 billion cubic feet of gas.

Bridge holds six blocks in the Central North Sea Oil Area and plans a 2009 exploratory well on Block 16/16b. This is a high potential prospect with target reserves of 180 million barrels.

Bridge has 3D seismic coverage over all its blocks. Bridge currently has only two commitment wells, these require drilling commencement prior to December, 2009.