VANCOUVER, BRITISH COLUMBIA–(Marketwired – Jan. 20, 2016) – RockBridge Resources Inc. (“RockBridge” or the “Company”) (TSX VENTURE:RBE) is pleased to announce that its Board of Directors has endorsed the strategic plan recommended by management for 2016 in order to address ongoing challenges with depressed oil and gas prices and with operating expenses. RockBridge seeks to improve financial performance and to again grow through acquisitions.
The Company will focus on Western Canadian producing oil and gas properties operated by third parties, and is currently considering several options in order to achieve that target and its goal of improved cash flow.
The plan for 2016 includes growth to increase production and revenue, primarily through acquisitions of producing assets or potential mergers with other companies operating in western Canada.
ROCKBRIDGE RESOURCES INC.