VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 13, 2015) – RockBridge Resources Inc. (“RockBridge” or the “Company”) (TSX VENTURE:RBE) is pleased to provide this brief update.
RockBridge, with interests in several operated and non-operated oil and gas properties in Alberta and BC, has current production of approximately 105 boepd, weighted about 85% to natural gas and the balance to oil and liquids.
RockBridge has now updated and relaunched its website, which can be found at http://rockbridgeresources.com.
Even with these challenging times, RockBridge remains committed to its strategy of growth through acquisition, and continues to review prospects to increase its production and revenue, primarily through acquisitions of producing assets in Western Canada or potential mergers with other companies.
ROCKBRIDGE RESOURCES INC.
This news release may include statements about expected further events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. RockBridge cautions that actual performance will be affected by a number of factors, many of which are beyond its control. Future events and results may vary substantially from what RockBridge currently foresees. Discussion on the various factors that may affect future results is contained in RockBridge’ s recent filings, available on SEDAR.
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this news release.
Reference to boe means barrels of oil equivalent and is derived by converting gas to oil at the ratio of sixthousand cubic feet (mcf) of gas to one barrel (bbl) of oil. BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 mcf: 1 bbl is based on an energy equivalency conversion method primarily applicable at the burner top and does not represent a value equivalency at the wellhead. References to boepd means barrels of oil equivalent per day.
RockBridge Resources Inc.