$BRZV Out With Breaking News! BRZV Provides Update
Post# of 35486
Posted On: 05/01/2013 9:42:53 AM
[b]$BRZV Out With Breaking News! BRZV Provides Update on Jackson Well 1 Exploration Drilling
[/b]
[b]News Disclaimer:[/b]
The following Press Release has not been investigated by Penny Stock Mobsters, therefore we have no idea if the content of this news is based on Fact or Fiction. Although the link for the following press release may be from a familiar and reputable company you should NOT assume that a press wire hosted by a website you are familiar with is accurate, just because it is on their site. Penny Stock Mobsters will not be held responsible for any news release including and not limited to misleading or non-factual content, or the accuracy of the identity of the given source of the press release.
Breezer Ventures Provides Update on Jackson Well 1 Exploration Drilling
[b]Breezer Ventures Provides Update on Jackson Well 1 Exploration Drilling[/b]
FORT WORTH, TX, May 1, 2013 /PRNewswire/ - Breezer Ventures Inc. (BRZV) (OTCQB:BRZV.PK) ("Breezer" or the "Company") today announced that the Jackson Well 1 has reached a Total Vertical Depth of approximately 4,400 feet.
The well was drilled to its primary target: the Ellenberger reservoir. The Ellenberger zone is capable of producing 100 to 200 BOPD, based on historical production. Additionally, electronic logs, performed in the past, also confirm this production estimate. The Company is awaiting the arrival of further drilling equipment, expected this week, which will allow completion of the drilling and oil production from the high quality reservoir sands of the Ellenberger zone.
Well 1 is adjoined to Breezer's Well 2A, recently acquired interest by the Company and announced in a recent news release issued on March 15, 2013. Well 1 is approximately 660 feet away from Well 2A.
"These drilling results will increase our geotechnical understanding of the Ellenberger zone. We will use the information to further refine, evaluate and to open new potential drill targets in the Ellenberger zone," commented Tang Xu, CEO of Breezer Ventures, Inc.
About Breezer Ventures Inc.
Breezer Ventures Inc. is an oil and gas exploration and development company focused on projects in the United States. The Company is developing oil and gas properties with the aim of bringing such properties to commercial production.
Forward-Looking Statements
This press release may include certain statements that are forward-looking in nature. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in this press release are based on Breezer Ventures Inc.'s current expectations and projections regarding future events, which are based on currently available information. Breezer Ventures Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD OF DIRECTORS,
Tang Xu, President & Director
949-419-6588
corp@breezerventures.com
[/b]
[b]News Disclaimer:[/b]
The following Press Release has not been investigated by Penny Stock Mobsters, therefore we have no idea if the content of this news is based on Fact or Fiction. Although the link for the following press release may be from a familiar and reputable company you should NOT assume that a press wire hosted by a website you are familiar with is accurate, just because it is on their site. Penny Stock Mobsters will not be held responsible for any news release including and not limited to misleading or non-factual content, or the accuracy of the identity of the given source of the press release.
Breezer Ventures Provides Update on Jackson Well 1 Exploration Drilling
[b]Breezer Ventures Provides Update on Jackson Well 1 Exploration Drilling[/b]
FORT WORTH, TX, May 1, 2013 /PRNewswire/ - Breezer Ventures Inc. (BRZV) (OTCQB:BRZV.PK) ("Breezer" or the "Company") today announced that the Jackson Well 1 has reached a Total Vertical Depth of approximately 4,400 feet.
The well was drilled to its primary target: the Ellenberger reservoir. The Ellenberger zone is capable of producing 100 to 200 BOPD, based on historical production. Additionally, electronic logs, performed in the past, also confirm this production estimate. The Company is awaiting the arrival of further drilling equipment, expected this week, which will allow completion of the drilling and oil production from the high quality reservoir sands of the Ellenberger zone.
Well 1 is adjoined to Breezer's Well 2A, recently acquired interest by the Company and announced in a recent news release issued on March 15, 2013. Well 1 is approximately 660 feet away from Well 2A.
"These drilling results will increase our geotechnical understanding of the Ellenberger zone. We will use the information to further refine, evaluate and to open new potential drill targets in the Ellenberger zone," commented Tang Xu, CEO of Breezer Ventures, Inc.
About Breezer Ventures Inc.
Breezer Ventures Inc. is an oil and gas exploration and development company focused on projects in the United States. The Company is developing oil and gas properties with the aim of bringing such properties to commercial production.
Forward-Looking Statements
This press release may include certain statements that are forward-looking in nature. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in this press release are based on Breezer Ventures Inc.'s current expectations and projections regarding future events, which are based on currently available information. Breezer Ventures Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD OF DIRECTORS,
Tang Xu, President & Director
949-419-6588
corp@breezerventures.com
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