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Bridge Resources Corp.

09:47 AM EST - Bridge Resources Corp. : said its Bridge North Sea Ltd. 100-per-cent interest Durango well continues to demonstrate excellent productivity. The company noted that flow rates have exceeded the target 30 million cubic feet of gas per day with the well currently producing at approximately 26 million cubic feet of gas and 807 barrels of condensate per day. This stable high flow rate is constrained by the maximum amount of condensate that can be handled efficiently by the separator on the production platform prior to delivery into the LAPS pipeline to the onshore Bacton terminal. Bridge specified that it is discussing additional equipment upgrades with the platform operator to further increase production levels. Bridge Resources Corp. shares V.BUK are trading up $0.005 at $0.35.