RockBridge has grown to approximately 105 barrels of oil equivalent per day (boepd) primarily by executing on its plan of growth through domestic acquisition.
RockBridge, with its current share structure and solid financial position, is well positioned to execute on its strategy of growth through technically and financially sound acquisition. The Company is actively seeking to increase its production and revenue, primarily through acquisitions of producing assets in Western Canada or through a potential merger with smaller or equal companies with a good production base.
RockBridge is constantly renewing options to increase production at its existing properties through potential recompletions, workovers and careful evaluation of additional drilling opportunities by way of farm-outs or direct participation. As well, the Company is actively submitting offers for selected producing properties currently available through divestitures. There is no set timetable for these activities and the Company cautions that there can be no assurance that such activities or offers will lead to successful transactions.