Bull & Lifshitz, LLP Announces Investigation of Brigham Exploration Company

NEW YORK--(BUSINESS WIRE)--

Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Brigham Exploration Company BEXP (referred to as "Brigham" or the “Company”) to Statoil ASA (“Statoil”) in a cash transaction valued at approximately $4.4 billion.

Under the terms of the agreement, Statoil will acquire Brigham for $36.50 per share in cash by means of an all-cash tender offer for all of the issued and outstanding shares of Brigham. The tender offer is expected to commence by October 31, 2011.

Bull & Lifshitz, LLP's investigation is focused on whether the proposed deal provides adequate value to the Company's shareholders.

If you are a holder of Brigham common stock and want to discuss your legal rights, you may e-mail or call Bull & Lifshitz, LLP who will, without obligation or cost to you, attempt to answer your questions.

If you are a shareholder of Brigham and would like more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (866) 313-6222 or by sending an e-mail including your contact information to: counsel@nyclasslaw.com. All e-mail correspondence should make reference to Brigham.

Bull & Lifshitz, LLP is a New York City-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please visit our website at www.nyclasslaw.com.

ATTORNEY ADVERTISING. © 2011 Bull & Lifshitz, LLP. The law firm responsible for this advertisement is Bull & Lifshitz, LLP, 18 East 41^st Street, New York, New York 10017, (212) 213-6222. Prior results do not guarantee or predict a similar outcome with respect to any future matter.