TIDMBRIDGE 
 
 
 
   13 November 2013 
 
   Bridge Energy ASA 
 
   ("Bridge", "Group" or "the Company") 
 
   Announcement from Spike Exploration Holding AS 
 
   Bridge, the Oslo Børs and AIM listed oil and gas exploration and 
production company (OSE:BRIDGE/AIM:BRDG.L), notes the announcement by 
Spike Exploration Holding AS ("Spike" or the "Offeror") today in 
relation to its voluntary tender offer (the "Offer") to acquire all 
outstanding shares in Bridge Energy ASA. Spike has informed the Company 
that Settlement of the Offer was completed on 13 November 2013. 
Following the settlement, the Offeror owns 61,943,520 Shares, 
representing approximately 97.7 % of the shares and votes in the 
Company. 
 
   Following completion of the Offer, the Offeror intends to initiate a 
compulsory acquisition of the remaining Shares in the Company not owned 
by the Offeror in accordance with applicable laws, and to propose that 
the Company applies for a delisting of the Shares from the Oslo Stock 
Exchange and AIM UK. It is expected that a compulsory acquisition of the 
remaining Shares in the Company will be effectuated during the week 
starting 18 November 2013. 
 
   The full text of Spike Exploration Holding AS announcement is below: 
 
   Voluntary offer for shares in Bridge Energy ASA completed 
 
   NOT FOR DISTRIBUTION IN OR INTO AUSTRALIA, JAPAN OR ANY OTHER 
JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL 
 
   Stavanger, 13 November 2013 - Reference is made to the offer document 
dated 3 October 2013 (the "Offer Document"), issued by Spike Exploration 
Holding AS (the "Offeror"), relating to its voluntary tender offer (the 
"Offer") to acquire all outstanding shares (the "Shares") in Bridge 
Energy ASA (the "Company"). 
 
   Settlement of the Offer was completed on 13 November 2013. Following the 
settlement, the Offeror owns 61,943,520 Shares, representing 
approximately 97.7 % of the shares and votes in the Company. 
 
   Following completion of the Offer, the Offeror intends to initiate a 
compulsory acquisition of the remaining Shares in the Company not owned 
by the Offeror in accordance with applicable laws, and to propose that 
the Company applies for a delisting of the Shares from the Oslo Stock 
Exchange and AIM UK. It is expected that a compulsory acquisition of the 
remaining Shares in the Company will be effectuated during the week 
starting 18 November 2013. 
 
   *** 
 
   The Offer and the distribution of this announcement and other 
information in connection with the Offer may be restricted by law in 
certain jurisdictions. Spike Exploration does not assume any 
responsibility in the event there is a violation by any person of such 
restrictions. Persons into whose possession this announcement or such 
other information should come are required to inform themselves about 
and to observe any such restrictions. 
 
   Contacts 
 
   Spike Exploration Holding AS 
 
   Bjørn Inge Tønnessen, CEO, +47 902 01 289, bit@spike-x.com 
 
   Harald Vabø, Chairman, +47 917 11 209, harald.vabo@hitecvision.com 
 
   This information is subject to the disclosure requirements set out in 
section 6-19 of the Norwegian Securities Trading Act. 
 
   Ends - 
 
   For further information, please contact: 
 
   Bridge Energy 
 
   Tom Reynolds, Chief Executive 
 
   tom.reynolds@bridge-energy.com 
 
   Aberdeen                                                                                +44 1224 659 120 
 
   Euan Tait, Corporate Development 
 
   euan.tait@bridge-energy.com 
 
   Aberdeen                                                                                +44 1224 659 120 
 
   Cenkos Securities 
 
   Jon Fitzpatrick                                                                        +44 207 397 1951 
 
   Neil McDonald                                                                        +44 131 220 9771 
 
   FTI Consulting 
 
   Edward Westropp/Natalia Erikssen 
+44 20 7831 3113 
 
   Edward.Westropp@fticonsulting.com 
 
   Statutory guidance statements 
 
   This information is subject to disclosure requirements pursuant to 
section 5-12 of the Norwegian Securities Trading Act. 
 
   Notes to Editors 
 
   Bridge Energy is an oil and gas exploration and production company which 
holds production licences in the UK (North Sea) Continental Shelf and 
exploration assets in both the UK and Norwegian Continental Shelves. The 
company is listed on the Oslo stock exchange (OSE: BRIDGE) and the 
London stock exchange (AIM: BRDG.L). 
 
   The Company has a significant number of licences both within the UK and 
NCS, including several operatorships.  Bridge has drilled 19 exploration 
and appraisal wells, including ten discoveries. 
 
   Underpinned by existing production from its operated Victoria field, 
non-operated Duart field, non-operated Boa field, Bridge boasts a high 
impact exploration portfolio with a strong inventory of undeveloped gas 
discoveries which represents a sustainable business platform for 
production and exploration growth in the North Sea. 
 
   For more information please visit: www.bridge-energy.com 
 
 
 
 
 
   This information is subject of the disclosure requirements pursuant to 
section 5-12 of the Norwegian Securities Trading Act. 
 
   This announcement is distributed by Thomson Reuters on behalf of Thomson 
Reuters clients. 
 
   The owner of this announcement warrants that: 
 
   (i) the releases contained herein are protected by copyright and other 
applicable laws; and 
 
   (ii) they are solely responsible for the content, accuracy and 
originality of the 
 
   information contained therein. 
 
   Source: Bridge Energy ASA via Thomson Reuters ONE 
 
   HUG#1742835 
 
 
  http://www.bridge-energy.no/
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