FORT WORTH, TX, April 2, 2013 /PRNewswire/ - Breezer Ventures
Inc. (BRZV) (OTCQB:BRZV.PK) ("Breezer" or the "Company") is
pleased to announce it has permitted six locations on its Jackson
Oil Fields, Texas.
"The wells are extremely shallow, cost between $50,000 to $75,000 each to bring into production
and are economically positive, especially at oil prices near
$100.00 per barrel," said Breezer's
President, Tang Xu. "With a land holding of 870 acres and
well spacing of 5 acres, there are a significant number of low-risk
locations yet to be drilled and the production enhancement
potential of fracture stimulation and water flooding the properties
for greater recovery is considerable. Also, there are an
additional 18 existing wells on the property that have production
history that are available for re-entry and rehabilitation."
Building upon a successful 2012, Breezer is poised to commence a
busy 2013 year with more drilling and expectations of steady oil
production.
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