$BRZV .021 Breezer Ventures Provides Operations
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[b]$BRZV[/b] .021 Breezer Ventures Provides Operations Update
FORT WORTH, TX,[b] [color=blue]March 8, 2013[/color][/b] /PRNewswire via COMTEX/ -- Breezer Ventures Inc. (BRZV) (OTCQB:BRZV.PK) ("Breezer" or the "Company") is pleased to provide an update of its operations in the Jackson Oil and Gas Leases located in Texas.
In March 2012, the Company drilled on Well #6 into the Moran zone. The Company achieved initial production and is currently studying how to increase the oil production.
In April 2012, the Company signed a joint venture agreement with Tristar Energy Group Inc. and Firecreek Global Inc. to jointly invest $2,475,000 to develop fourteen oil and gas wells on the Jackson property.
In July 2012, the Company and the joint venture partners drilled on Well #11 into the Moran zone. A very large fracture stimulation was also performed. There are indications that oil is starting flow with promising shows on the flow tests.
In December 2012, the Company and the joint venture partners drilled on Well #C-1 to the Tannehill formation. We are achieving some oil production from that zone and are testing completion techniques to improve the initial production potential.
Building upon a successful 2012, Breezer is poised to commence a busy 2013 year with more drilling and expectations of steady oil production. The Company is also looking at other acquisitions to bolster its inventory of drillable prospects.
About Breezer Ventures Inc. Breezer Ventures Inc. (OTCQB:BRZV.PK) www.breezerventures.com is an oil and gas exploration and production company engaged in oil production and its associated activities including: exploration, extraction, processing, and reclamation. The Company specializes in sustainable, low-cost oil and gas production which delivers value from efficiency. The Company currently owns and operates and also has options on various wells located in the Jackson Oil and Gas leases located in Texas.
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