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BRX Brixton Energy Corp

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Share Name Share Symbol Market Type
Brixton Energy Corp TSXV:BRX TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Brixton Energy Corporation

09/11/2010 1:00pm

PR Newswire (Canada)


Brixton Energy Corp (TSXV:BRX)
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CALGARY, Nov. 9 /CNW/ -- CALGARY, Nov. 9 /CNW/ - (TSX.V:BRX) Brixton Energy Corp. ("Brixton") would like to announce the following corporate overview. -- Brixton currently holds leases on 1280 acres in Gage Area, AB, PRA. -- Shot and interpreted 2D and 3D seismic on these holdings. -- Drilled 2 test wells, 2400 m deep and 1200 m deep. -- 6 hydrocarbon bearing zones were identified. -- New oil pool discovery in Montney zone. Geological Report suggests 4.4 million bbls of oil in place with a conservative recovery rate of 25%. -- Upcoming drill recommendations to drill 2 horizontal Montney wells and prioritize secondary zones from test wells and the horizontals. -- Montney targets could yield $53 million in probable net revenue -- 1280 acres surface to basement mineral rights in Panny area, AB which are currently under evaluation -- Kindersley, SK -received an independent NI-51-101 report with $4,799,000 proven plus probable. On Behalf of Brixton Energy Corp.    "Richard Saxon" _______________________ Richard Saxon, President We seek Safe Harbor NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. pRichard Saxon at 604-269-0006/p

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