Company Overview
Bridgeport Energy Limited ('Bridgeport' or the 'Company'), is a public unlisted Australian company, incorporated in June 2009 for the purpose of acquiring and developing oil and gas assets in Australasia and other international locations.
The opportunities we have acquired, and continue to seek, will meet appropriate and attractive investment criteria. Bridgeport is well positioned to capitalise upon available opportunities in the oil and gas industry thanks to its forward thinking management team and board and knowledgeable and experienced operating staff. One of the key strengths Bridgeport has is, even though small, it operates in all the capacities of an oil & gas company; from seismic, through drilling, project development and production, a skill set which the majority of oil companies in Australasia do not possess. This strength provides leverage and opportunity where other companies may not find it. Most of the personnel at Bridgeport have worked together in other operations over the past 20-30 years. The Company, as an Operator of its permits, has acquired 2D and 3D seismic, drilled numerous development exploration wells, redeveloped its production facilities and increased production four fold. We now operate two producing fields and have a close alliance with our drilling contractor which allows us to drill cost effective development wells.
Bridgeport currently has oil projects and exploration permits based in southwest Queensland and two onshore exploration permits in the Otway Basin of southwestern Victoria:
LICENCE/PERMIT |
ARea/basin |
INTEREST |
|---|---|---|
|
Operated Assets |
||
PL 98 (Inland oil field) |
40 km² - Eromanga |
100% |
PL 214 (Utopia oil field) |
220 km² - Eromanga |
60% |
ATP 560P (Utopia) |
904 km² - Eromanga |
60-100% (avg. 90%) |
LICENCE/PERMIT |
ARea/basin |
INTEREST/operator |
|
Non-Operated Assets |
||
PL 256 (Bargie) |
15 km² - Eromanga |
6.1% - Beach |
PLs 23/24/25/26/35/36/62/76/ 77/78/79/82/87/105/107/109/ 133/149/175/181/182/189/302 |
1,477 km² - Eromanga |
2% - Santos |
ATP 259P (Naccowlah) |
1,065 km² - Eromanga |
2% - Santos |
ATP 269P (Glenvale) |
Eromanga |
6.1% - Beach |
PEP 150 (under application) |
3,253 km² - Otway |
15% - Somerton |
PEP 151 |
864 km² - Otway |
25% - Somerton |


