FORT WORTH, Texas, April 9, 2013 /PRNewswire/ - Breezer Ventures Inc. (BRZV) (OTCPK) ("Breezer" or the "Company") is pleased to announce that it has completed initial production testing of its Well 27. The well is located in the Jackson Oil Fields in the Callahan County of Texas, USA.
The well was drilled to a total depth of 2,700 feet, a full suite of electric logs were run and the company and its operator Firecreek Global Inc. set 5 ½ inch casing.
BRZV continues to test zones of interest in the well. The Company has perforated the Tannehill and Moran formations so far. The well was then shut in for pressure testing and fluid testing. The results of the testing are encouraging and BRZV continues to test the well to get further rates of oil production.
The Company expects more production equipment to arrive on site. Following some recent inclement weather, a completion rig is scheduled to arrive shortly thereafter. The Company is also preparing a proposal for a fracture stimulation to further increase the rate of oil production.
About Breezer Ventures Inc.
Breezer is an oil and gas company focused on the prolific Jackson Fields, Texas, targeting redevelopment, exploration and exploitation of oil and gas properties located near infrastructure and existing discoveries.
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
SOURCE Breezer Ventures