Bridge, on the lookout for partnersBridge Energy is looking for a strategic partner to buy up to half of their interest in gas discovery Victoria, development project Vulcan East and Vulcan Northwest, as well as the Triton prospect.
- Bridge Energy is continually seeking to optimize its portfolio of assets and to utilize the company's resources in the most efficient way. The introduction of a strategic partner would allow the company to pursue additional growth options in parallel with the development of its UK gas portfolio, the company writes in a stock exchange release. Bridge also reports that they remain committed to the development projects, and will retain a material interest and operatorship after any sale. The company has hired London investment bank Jefferies International to assist in the process.
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