Scandinavian Oil-Gas Magazinehttp://www.scandoil.com/moxie-bm2/news/rockbridge-resources-provides-company-update.shtmlRockBridge Resources provides company updateRockBridge Resources Inc. in October completed a share consolidation or rollback on a four for one new share basis, together with a private placement of
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Edit page New page Hide edit links RockBridge Resources Inc. in October completed a share consolidation or rollback on a four for one new share basis, together with a private placement of 3.1 million post-consolidation units at $0.05 each. As a result, RockBridge currently has 15,993,414 shares outstanding, with its officers and directors holding or controlling 19.5% of the outstanding shares. Currently, RockBridge has working interests from 25% to 100% in 5 producing wells in Alberta, 3 of which it is the operator, together with a 1% interest in the Woodrush project in northern British Columbia consisting of 8 oil and gas wells. It also holds a 50% interest in the gas project and well in the Knopcik area of Alberta, with future plans dependent on improved gas prices. The Company also has interests in several other non-producing properties in Alberta. |