Brinx Resources and Partners Beginning Drilling of 5th Exploration Well at Oklahoma-2013 Project
05 Mars 2014 - 10:20PM
Marketwired
Brinx Resources and Partners Beginning Drilling of 5th Exploration
Well at Oklahoma-2013 Project
DENVER, CO--(Marketwired - Mar 5, 2014) - Brinx Resources Ltd.
(OTCQB: BNXR) ("Brinx Resources" or "Brinx" or the "Company") is
pleased to announce that the fifth well of the Oklahoma-2013
multi-well exploration drilling program has begun.
As with previously exploration wells in Phase-1 of this ongoing
program, the OK-13-5 exploration well is intended to target
multiple potential hydrocarbon pay zones thought to be productive
in the area, including the 2nd Wilcox sand, 1st Wilcox sand,
Trenton dolomite, Simpson dolomite, Viola limestone, Hunton
limestone, Bartlesville sand, and Redfork sand.
The Oklahoma-2013 project is a multi-phase multi-well
exploration drill program currently being conducted by Brinx
Resources and it partners. Phase-1 of the Oklahoma-2013 drill
program consists of eight (8) wells targeting the first selections
from at least 34 high-graded prospects generated by the
partnership's proprietary 3D seismic database that covers the
entire 83,043 acres or 130 square miles project area. Drilling
at the multi-phase Oklahoma-2013 project is expected to continue
through 2014.
About Brinx Resources
Brinx Resources is an exploration company focused on developing
onshore North American oil and natural gas reserves. The
Company's current focus is on the continued exploration and
development of its current land portfolio in Oklahoma, as well as
the drilling and production of the new Oklahoma-2013 Project (5%
interest).
Safe Harbor Statement: Statements which are not historical facts
are forward-looking statements. The Company makes
forward-looking public statements concerning its expected future
operations, performance and other developments. Such
forward-looking statements are necessarily estimates reflecting the
Company's best judgment based upon current information and involve
a number of risks and uncertainties, and there can be no assurance
that other factors will not affect the accuracy of such
forward-looking statements. It is impossible to identify all
such factors but they include and are not limited to the existence
of underground deposits of commercial quantities of oil and gas;
cessation or delays in exploration because of mechanical,
operating, financial or other problems; capital expenditures that
are higher than anticipated; or exploration opportunities being
fewer than currently anticipated. The Company has no official
gas or oil reserves at this time and may not have sufficient
funding to thoroughly explore, drill or develop its
properties. Factors which could cause actual results to differ
materially from those estimated by the Company include, but are not
limited to, government regulation, managing and maintaining growth,
the effect of adverse publicity, litigation, competition and other
factors which may be identified from time to time in the Company's
public announcements and filings.
Investor Contact LiveCall Investor Relations for Brinx Resources
E-mail: info@brinxresources.com Brinx Corporate:
www.brinxresources.com Toll-Free: (877) 226-8002
Brinx Resources (CE) (USOTC:BNXR)
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