Bridge Energy has announced an oil discovery in the Norwegian North Sea.
The firm said yesterday preliminary results on the Garantiana well showed an oil rate of about 4,000 barrels a day.
Bridge has a 20% stake in the licence, while Total E&P Norge is operator with 40% and Det norske oljeselskap and Svenska Petroleum Exploration have 20%.
Bridge chief executive Tom Reynolds said: “Garantiana has the potential to add significant resources to Bridge as an attractive discovery in its own right and has also derisked several adjoining exploration opportunities on the licence.”