RockBridge Resources Inc. Assets Sale
Rockbridge Resources Inc. (Rockbridge) has engaged NRG Divestitures to market the sale of its non - operated oil and gas assets in British Columbia and Alberta.
This package is producing a combined total of 73 boe/d, primarily from the Clarke Lake property. The Woodrush/Drake property is an active area with abundant infrastructure, currently being targeted by the operator and majority working interest holder, DXI Energy, for increased development and operational optimization.
The Pembina property is generating stable GORR income, with $27k earned over the last four months. The Bantry property is a GORR interest in a currently undeveloped well with 16 Mboe and a $277k NPV10 on a proved and probable basis assigned to it by Trimble Engineering. The owner has agreed to spud the well by December 31st, 2016.