Brookwater Announces Hiring of One of the Largest Independent Geophysical & Geological Teams in Brazil

Brookwater Ventures Inc. ("Brookwater" or the "Company") (TSX VENTURE:BW)
announced today that it has secured the services of Geopex Consultoria
("Geopex"), one the largest independent geological and geophysical ("G&G") teams
in Brazil, on an exclusive basis. Founded in 2000 by former Senior Petroleo
Brasileiro S.A ("Petrobras") staff, Geopex has provided extensive G&G related
services to the Brazilian Exploration and Production sector, including Petrobras
and the National Petroleum Agency ("ANP"). The senior partners of Geopex each
hold on average over 30 years of experience in the Brazilian oil and gas
industry and have collectively worked all major onshore basins in Brazil.


The Geopex team will be based in Salvador, Brazil and be centrally located to
Brookwater's Block 166 exploration block in the Reconcavo Basin. Geopex will
provide G&G services and assess opportunities across all onshore and shallow
offshore Brazilian sedimentary basins as Brookwater looks to grow its asset base
and participate in the ANP 11th Bid Round.


Mr. Jason Cho, President and CEO of Brookwater commented, "The addition of
Geopex is a significant step to building our technical expertise and presence in
Brazil and complements our existing staff in Rio de Janeiro. Geopex's in-house
knowledge and expertise is the result of decades of experience working the
Brazilian sedimentary basins, which we will now be able to leverage going
forward."


A summary of the senior partner members of Geopex:



--  Amaro Ferreira Apoluceno Neto is a petroleum geologist with over 30
    years of Exploration and Exploration Management experience focused
    largely on the onshore and offshore sedimentary basins in North and
    Northeast Brazil. Amaro spent 23 years as Exploration Manager and
    Superintendent with Petrobras covering the Potiguar, Solimoes, Aracaju
    and Bahia Districts and was also Chief Geologist/Exploration Manager in
    Ecuador Braspetro Branch. 
--  Renato Senna de Carvalho is a petroleum and mining geologist with over
    40 years of Exploration and Interpretation experience. Renato spent 30
    years with Petrobras as Geological and Interpretation Manager in the
    Sergipe-Alagoas, Reconcavo, South Bahia and Espirito Santo basins.
    Renato also spent a number of years working as the Exploration Division
    Manager in the New Frontier and Technology Division of Petrobras and as
    the Exploration Manager in Petrobras' mining subsidiary (Petromisa). 
--  Pedro Luiz Pereira dos Santos is a geophysicist with over 30 years of
    Geophysical Interpretation and Data Management experience. Pedro spent
    21 years with Petrobras in management geophysical acquisition / quality
    control activities in 2D and 3D seismic crews and seismic processing.
    Pedro was in charge of seismic interpretation for Petrobras in the Bahia
    District working mainly in Reconcavo, Tucano, Potiguar, Sergipe-Alagoas,
    Espirito Santo and Santos basins.



Brookwater also announced today that Agua Grande Exploracao e Producao de
Petroleo Ltda. ("Agua Grande"), the Company's wholly-owned Brazilian subsidiary,
will spud the exploration well on Block REC-T-166 ("Block 166") in the Reconcavo
Basin in Q4 2011 versus Q3 2011. Brookwater holds an exclusive right to a 30%
working interest in Block 166 through Agua Grande, while Sonangol Starfish Oil &
Gas S.A. ("Sonangol Starfish"), subsidiary of Angola's state oil company, has
operatorship with 40% working interest and Somoil Internacional de Petroleo do
Brasil Ltda holds the remaining 30% interest.


The Block 166 exploration well (1-MAC-1-BA) is to target the Macauba prospect,
which was identified after proprietary 3D seismic was procured by the
concessionaires. More specifically, the well is intended to explore four targets
with total estimated recoverable resources of between 3 and 6 mm boe(1).
Drilling operations are to be conducted by Pangea, an associated company of
Sonangol Starfish with a modern rig. The planned total depth of approximately
2,500 meters is expected to be reached within one month.


About Brookwater:

Brookwater is an emerging oil and gas company with a proven Brazilian management
team including members that previously held senior positions within Petroleo
Brasileiro S.A - Petrobras. Brookwater is focused on building a portfolio of
high impact assets in Brazil and currently holds, through Agua Grande,
prospective acreage in the prolific Reconcavo Basin.


Agua Grande's senior management possesses significant technical knowledge and
operational experience in the Brazilian sedimentary basins and regulatory
knowledge of the Brazilian oil and natural gas industry which will provide a
significant advantage when evaluating opportunities. Brazil has recently
attracted significant interest due to its immense petroleum resource potential
across 28 sedimentary basins. Currently only 5% of these basins are under
contract, leaving enormous opportunity for future exploration. Brazil's National
Council of Energy Policy has announced the 11th Concession Bid Round. Among
other opportunities Brookwater is currently evaluating, one of the Company's
growth strategies is to evaluate and actively participate in the bidding of
concession blocks in the 11th bid round. Bidding will consist of 174 blocks of
which 87 are on onshore areas and the other 87 are on offshore areas, covering a
total of 122,000 km2.


The Reconcavo Basin is a light oil rich mature basin and has produced 1.9
billion barrels of oil and 400 million boe of gas since the first discovery in
the early 1940s. With current production of 63 thousand boe/d and recent
discoveries such as the Jandaia field (16 million barrels of volume in place of
42 degrees API oil with current production of 2,700 b/d) this basin is still
considered very attractive for investment. Block REC-T-166, in which Agua Grande
has a 30% working interest, lies just west of the Agua Grande field, discovered
in 1952, and which still produces 3,000 b/d after delivering over 300 million
barrels of 42 degrees API oil.


Through its wholly owned subsidiary, Agua Grande, Brookwater will participate in
the drilling of one exploration well during the fourth quarter of 2011 as part
of its commitment in the concession of Block 166. Several low risk exploration
targets have been identified on 3D seismic across Block 166.


On behalf of the Board of Directors of BROOKWATER VENTURES INC.

Jason Cho, President & CEO

Please refer to the Company's NI 51-101 compliant technical report on the Block
REC-T-166 Concession dated December 31, 2010 entitled "Evaluation of the
Interests of Brookwater Ventures Inc. in the REC-T-166 Block in the Reconcavo
Basin Brazil", available on the SEDAR profile of the Company at www.sedar.com.


Information in this press release expressed in barrels of oil equivalent (boes)
is derived by converting natural gas to oil in the ratio of six thousand cubic
feet (mcf) of natural gas to one barrel (bbl) of oil. Boe may be misleading,
particularly if used in isolation. A boe conversion ratio of 5.7 mcf: 1 bbl is
based on an energy equivalency conversion method primarily applicable at the
burner tip and does not represent a value equivalency at the wellhead.


Forward-looking information

This news release contains forward-looking information relating to the Company's
growth and corporate strategy, and other statements that are not historical
facts. Forward-looking information relates to management's future outlook and
anticipated events or results, and may include statements or information
regarding the future plans or prospects of the Company. Although management of
the Company has attempted to identify important factors that could cause actual
results to differ materially from those contained in forward-looking
information, there may be other factors that cause results not to be as
anticipated, estimated or intended.


Forward looking-information is subject to certain factors, including risks and
uncertainties that could cause actual results to differ materially from what is
currently expected. These factors include risks and uncertainties associated
with the contract entered into with Geopex, oil and gas exploration,
development, exploitation, delays resulting from or inability to obtain required
regulatory approvals and ability to access sufficient capital from internal and
external sources, reliance on key personnel, regulatory risks and delays and
other risks and uncertainties discussed in the management discussion and
analysis section of the Company's interim and most recent annual financial
statement or other reports and filings with the TSX Venture Exchange and
applicable Canadian securities regulations. There can be no assurance that such
information will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking information.


The forward-looking statements contained in this news release are made as of the
date of this news release. Except as required by law, the Company disclaims any
intention and assumes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
Additionally, the Company undertakes no obligation to comment on the
expectations of, or statements made by, third parties in respect of the matters
discussed above.


(1) 2.6 mm boe as per NI 51-101 dated December 31, 2010 for the Macauba prospect
vs. 6.2 mm boe as per management's estimate