Bridgeport farms in to Metgasco acreage

BRIDGEPORT Energy has signed two separate farmin deals for permits in the Cooper-Eromanga Basin in Queensland, taking a 25% share of a permit currently held by Metgasco while farming out 75% and operatorship of five permits to Origin Energy.

Bridgeport farms in to Metgasco acreage Bridgeport farms in to Metgasco acreage Bridgeport farms in to Metgasco acreage Bridgeport farms in to Metgasco acreage Bridgeport farms in to Metgasco acreage
 
Under the terms of the first deal Metgasco will be free carried through the first exploration well, which has a planned spud date of the fourth quarter of this year, in return for Bridgeport