Bridge Energy ASA : Board Changes

10 Jan 2013

Bridge Energy ASA: Board Changes

10 January 2013

Bridge Energy ASA

("Bridge", "Group" or the "Company")

Board Changes

Bridge, the Oslo Børs and AIM listed oil and gas exploration and production company (OSE: BRIDGE/ AIM: BRDG.L), is pleased to announce that Caroline Brown has been appointed as a Board Member of the Group with immediate effect.

Dr Brown has 12 years' experience managing global finance functions and as a director of public and private companies, including Petrofac Energy Developments and Gulf Keystone Petroleum, plus 14 years as a corporate finance advisor to the energy sector with banks including Merrill Lynch, UBS and HSBC. She is also an experienced non-executive director and has chaired the audit committees of WSP Group plc and Mirland Development Corporation plc.  Dr Brown holds a First Class degree and PhD in Chemistry from the University of Cambridge, an MBA in Finance from the Cass Business School and is a qualified accountant and Chartered Director.

Other than the information detailed in this announcement and as set out below, there is no further information required to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules.

Full name:

Caroline Anne Brown

Age:

50

Other directorships during past five years:  

KBC Advanced Technologies plc*
Mirland Development Corporation plc*
ETV Media Group Limited
Enquest Dons Limited
* indicates current appointment

- Ends -

For further information, please contact:

Bridge Energy
Tom Reynolds, Chief Executive
[e-mail]   [phone]

Cenkos Securities
Jon Fitzpatrick                                   [phone]
Neil McDonald                                  [phone]

FTI Consulting
Edward Westropp/Jess Allum         [phone]
[e-mail]

Statutory guidance statements
This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Notes to Editors
Bridge Energy is an oil and gas exploration and production company which holds production licences in the UK (North Sea) Continental Shelf and exploration assets in both the UK and Norwegian Continental Shelves. The company is listed on the Oslo stock exchange (OSE: BRIDGE) and the London stock exchange (AIM: BRDG.L).

The Company has a significant number of licences both within the UK and NCS, including several operatorships. Bridge has drilled 17 exploration and appraisal wells, including 10 discoveries.

Underpinned by existing production from its operated Victoria field, non-operated Duart field and non-operated Boa field, Bridge boasts a high impact exploration portfolio with a strong inventory of undeveloped gas discoveries which represents a sustainable business platform for production and exploration growth in the North Sea.

For more information please visit: www.bridge-energy.com