CHINA, Sept. 22, 2011 /PRNewswire/ - Breezer Ventures Inc. (OTC :BRZV ) ("Breezer Ventures Inc." or the "Company") is pleased to announce today that Pink OTC Markets, Inc. has removed the caveat emptor warning on the webpage showing the Company's Common Stock.
The Company also filed its quarterly report for period ending June 30, 2011 on Sept 20,2011 which brings the Company to date on all filings. Breezer Ventures is now quoted on the OTCQB as a fully reporting issuer in good standing.
Tang states "this is important for us to have the caveat emptor status removed and also our filings up to date. This now gives us the ability to move our project further immediately on the Jackson Lease. We look forward to updating our shareholders shortly on our progress."
Breezer Ventures has an option on 10 existing wells on the Jackson Lease that are currently in for rehabilitation and reactivation. The Jackson Lease is comprised of 870 acres which is situated on the western side of the Bend Arch of the Fort Worth Basin. The Jackson Lease is situated 5 miles north of Baird, Texas.
This current report contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, continuing production from the "Jackson Oil and Gas Leases", or the generation of positive cash flow as a result, updating of the corporate website or the availability of an independent geological report outlining the leases, their production, and their potential. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with oil and gas exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of oil and gas prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. 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 BREEZER VENTURES INC.
Tang Xu, Director
SOURCE Breezer Ventures