FORT WORTH, TX, May 1, 2013 /PRNewswire/ - Breezer Ventures
Inc. (BRZV) (OTCQB:BRZV.PK) ("Breezer" or the "Company")
today announced that the Jackson Well 1 has reached a Total
Vertical Depth of approximately 4,400 feet.
The well was drilled to its primary target: the Ellenberger
reservoir. The Ellenberger zone is capable of producing 100
to 200 BOPD, based on historical production.
Additionally, electronic logs, performed in the past, also confirm
this production estimate. The Company is awaiting the arrival
of further drilling equipment, expected this week, which will allow
completion of the drilling and oil production from the high quality
reservoir sands of the Ellenberger zone.
Well 1 is adjoined to Breezer's Well 2A, recently acquired
interest by the Company and announced in a recent news release
issued on March 15, 2013. Well
1 is approximately 660 feet away from Well 2A.
"These drilling results will increase our geotechnical
understanding of the Ellenberger zone. We will use the
information to further refine, evaluate and to open new potential
drill targets in the Ellenberger zone," commented Tang Xu, CEO of
Breezer Ventures, Inc.
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. 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