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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Breezer Ventures Inc (CE) | USOTC:BRZV | OTCMarkets | 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% | 0.0001 | 0.00 | 00:00:00 |
FORT WORTH, TX, May 7, 2013 /PRNewswire/ - Breezer Ventures Inc. (BRZV) (OTCQB:BRZV.PK), a Fort Worth, Texas based company, announced today that it is planning to participate in a 3-D seismic program on its 870 acre Jackson Fields prospect in Texas.
New geological information obtained on the property indicates the need for a revised exploration program to target the more shallow proven oil and gas formations located on the property. The seismic study will focus on the Tannehill and Moran Sand formation characteristics that will assist in the drilling of more horizontal and or vertical wells on the Jackson lease. The seismic program will identify these reserves within these formations and will allow the field team to better track the Tannehill and Moran Sand oil and gas reserves.
The Moran Sands (aka Red Horse Field) was formerly operated by Mobil Oil Company. It was developed quite rapidly by Mobil to contain 23 producing wells. The Company now has rights to these 23 wells and is currently conducting re-entry programs on these wells.
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. The forward-looking statements in this press release may
also include statements relating to Breezer Ventures Inc.'s anticipated
new developments, business prospects, financial performance, strategies
and similar matters. 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
SOURCE Breezer Ventures
Copyright 2013 PR Newswire
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