Brookwater Announces Running Production Casing in 1-MAC-1-BA Well to Test Oil and Gas Shows-Reconcavo Basin

Brookwater Ventures Inc. ("Brookwater" or the "Company") (TSX VENTURE:BW) is
pleased to announce that Agua Grande Exploracao e Producao de Petroleo Ltda.
("Agua Grande"), the Company's wholly-owned Brazilian subsidiary, has agreed
with partners to run production casing to a total depth of 2698 meters to test
oil and gas shows in the 1-MAC-1-BA well on block REC-T-166, Reconcavo Basin
("Block 166"). Brookwater has acquired an undivided 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. ("Somoil")
holds the remaining 30% interest.


The exploration well (1-MAC-1-BA) had a strong gas kick during penetration at
the top of the Gomo Shale Member of the Candeias Formation. Log and sample
analysis identified oil stained sandstone interbeds were responsible for the gas
kick. Within the 500 meter Gomo shale sequence in the 1-MAC-1-BA well, several
potential hydrocarbon zones of interest have been identified, including a 10
meter fractured shale interval. This fractured shale interval has produced light
oil in analogous wells along trend. Openhole image logs have confirmed the
presence of fractures and this 10 meter interval will be tested through casing. 


The primary targets in the well (pre-rift Agua Grande and Sergi Sandstones) will
be tested through casing based on good oil staining in chip samples to confirm
formation fluid type.  


Mr. Shannon Pohl, VP Exploration, Brookwater commented, "The Gomo Shale Sequence
in the Reconcavo Basin has long been overlooked, but the oil sector in Brazil is
starting to pay close attention to its potential."


To view Figure 1: Onshore Reconcavo Basin showing location of Block REC-T-166
and original petroleum volumes in place of several fields, please visit the
following link: http://media3.marketwire.com/docs/bw_map321.jpg


The Reconcavo Basin is a light oil rich mature basin and the first oil producing
Province in Brazil. The Reconcavo Basin has been a prolific producer with
cumulative production of 1.5 billion barrels of oil and 400 million boe of gas
since the first discovery in the early 1940s. The basin currently produces over
60,000 boe/d and has significant potential for new discoveries.


About Brookwater: 

Brookwater Ventures Inc. is a Canadian independent oil exploration company
focused on growing its asset base primarily in Brazil. The Company's
wholly-owned Brazilian-based subsidiary, Agua Grande, is party to a Farm-Out
Agreement with Somoil and Sonangol Starfish, pursuant to which Agua Grande has
acquired an undivided 30% interest in an oil & gas exploration concession
("Block REC-T-166") located in the Reconcavo Basin in Brazil. Brookwater's
shares are listed on the TSX Venture Exchange under the symbol BW. 


The Company believes that a tremendous opportunity exists in Brazil, where only
approximately 6% of the sedimentary basins have been titled for exploration and
development. The country remains underexploited and the Company believes that to
capitalize on these opportunities requires investing in and leveraging a
domestic team with basin knowledge, technical expertise and a network of
relationships to optimize risk adjusted returns.


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 running production casing related to the 1-MAC-1-BA well, the initial
results of the spudding of the exploration well on Block 166, 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.