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Brinx Resources, LTD. (BNXR)

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Brinx Resources Ltd


Project Overview

Company Overview

Project Overview
Brinx Resources Ltd is a successful expanding oil and gas production and exploration company focused on developing oil and natural gas reserves. The Company's current focus is on the continued development and exploration of its diverse land portfolio comprised of working interests in Oklahoma.

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Corporate PresentationProject Overview

 

About Brinx

Brinx Resources, Ltd. is a production and exploration company focused on developing oil and gas resources both in the United States and internationally. The Company is currently producing oil and gas in Oklahoma.

In 2009, due to the drop in domestic drilling and completion costs within the oil and gas sector, Brinx resumed its aggressive exploration activities. Success in various programs combined with sales from previous programs has allowed the Company to participate in additional exploration and drilling activity.

The Company's strong financial position means that Brinx is set to take full advantage of the numerous potential well locations that have been identified on our projects page. Furthermore, the Company continues to actively seek and negotiate new opportunities in order to further develop the Company and provide value to its shareholders.

The Company's current focus is on the continued production, exploration, and development of its present land portfolio (as described in the "Projects" section). Beyond these projects Brinx continues to seek to further expand its portfolio to include additional interests in North America and internationally. The Company has sufficient cash reserves that will allow for both continued development of existing projects as well as expansion into new prospects. The Company remains committed to actively develop and grow the Company by ensuring its profitability and subsequent value for its shareholders.  
 

Oklahoma

Current Projects


2008-3 Drilling Program, Oklahoma. On January 12, 2009, we acquired a 5% working interest in Ranken Energy Corporation's 2008-3 Drilling Program located in Garvin County, South Central Oklahoma. This program is composed of four 3-D seismically defined separate prospects with one exploratory well in three of the prospects and two in the fourth prospect. Targeted pay zones include the prolific Bromide Sands, Viola Limestone, Deese Sandstone and Layton Sandstone. One of the wells has very similar geology and structure to the Bromide sands in the Owl Creek field.

Five wells were drilled during 2009. Production casing was set on four of the five wells and the fifth well was deemed non-commercial and was plugged and abandoned. Two of the four completed wells are still producing commercial quantities of oil and gas, with one of the wells still flowing naturally and producing most of the oil. One development well was drilled in August of 2011 near the highest producing well in the program. As of October 31, 2012, the three producing wells in this program have produced a total of 177,340 Bbls of oil and 35,218 Mcf of natural gas.

2009-2 Drilling Program, Oklahoma. On June 15, 2009, we acquired a 5% working interest in Ranken Energy Corporation's 2009-2 Drilling Program located in Garvin County, Oklahoma. A total of three wells were drilled in this program and targeted pay zones that were the same as in the 2008-3 program. The zones included the prolific Oil Creek, Bromide Sands, Viola, Deese and Layton Sandstone. This program is composed of three 3-D seismically defined separate prospects. All wells were drilled in the last fiscal quarter of 2009. Two of the wells were deemed non-commercial and were plugged and abandoned. Production casing was set on one of the three wells and completion efforts have taken place on the third well; however, after testing it was also deemed non-commercial and plugged.

2009-3 Drilling Program, Oklahoma. On August 12, 2009, we acquired a 5% working interest in Ranken Energy Corporation's 2009-3 Drilling Program located in Garvin County, Oklahoma. Targeted pay zones include the prolific Oil Creek, Bromide Sands, Viola and Deese sands. This program is composed of four 3-D seismically defined separate prospects with one exploratory well in each of the four prospects. All four of the wells have been drilled and production casing has been set on all four. Two of the wells had successful drill stem tests that flowed oil and gas to the surface. Electric and radiation logs indicate multiple pay zones in all four wells.

One of the four wells in this program was completed in late January 2010 as a flowing oil and gas well. The well was flowing naturally at rates between 400 and 500 Bbls of fluid per day with an oil cut of between 50% and 70% oil. Natural gas was being produced at a rate of over 400 Mcf per day. This well only produced for a few days before snow and ice storms forced shutting the well in because the produced oil and water could not be hauled away from the location and the storage tanks for these liquids were full. The well is now producing oil and gas with the use of a pumping unit. The second well that also had a flowing drill stem test was completed in late March 2010 and that well is currently producing oil and natural gas with the use of a pumping unit. Total production from these two producing wells as of October 31, 2012 totaled 134,474 Bbls of oil and 34,999 Mcf of natural gas.

The two remaining wells were completed in late May 2010. After testing, both wells were deemed to be non-commercial and have been plugged and abandoned.

2009-4 Drilling Program, Oklahoma. On December 19, 2009, we acquired a 5% working interest in Ranken Energy Corporation's 2009-4 Drilling Program located in Garvin County, Oklahoma. Targeted pay zones include the prolific Oil Creek, Bromide Sands, Viola and Deese sands. This program is composed of four 3-D seismically defined separate prospects with one exploratory well in each of the two prospects.

Drilling of the first well started in early February 2010 and reached total depth on February 20, 2010. The second well drilling started in late February 2010 and reached total depth on April 8, 2010. Both of the wells intercepted multiple potential productive horizons and production casing was set. The lowest horizon in the first well flowed oil and gas on a drill stem test. Weather was initially a problem with heavy rain causing flooding and other delays but both wells have now been completed. Both wells were treated for a poor cement bond and only one remains in production. The one well that could not be successfully treated for the poor cement bond was plugged and abandoned. Another well is being drilled as a twin to this well. If it is not successful it will be left unplugged as a possible salt water disposal well. As of October 31, 2012, both wells have been plugged and abandoned after producing a few thousand Bbls of oil.

2010-1 Program, Oklahoma. On April 23, 2010, we acquired a 5% working interest in Ranken Energy Corporation's 2010-1 Drilling Program located in Garvin County, Oklahoma. Targeted pay zones include the prolific Oil Creek, Bromide Sands, Viola and Deese sands. This program is composed of four 3-D seismically defined separate prospects with one exploratory well in each of the two prospects.

As of late October 2010, all four wells of the four-well program had been drilled. Three of the wells had production casing set and one well was plugged and abandoned. The three successful wells intercepted multiple pay zones including the prolific lowest zone. One well had a flowing drill stem test but the other two wells were not drill stem tested. All three wells show excellent porosity, permeability, and hydrocarbon shows. Completion of these wells started in mid-September 2010. All three of the wells were completed in the deepest pay zone as of October 31, 2010 with one well continuing to produce at a rate of 11 Bbls of oil per day and a second producing at a rate of 115 Bbls of oil per day in October 2012. The third well in this program is currently shut-in. Total production from these wells as of October 31, 2012 was 104,007 Bbls of oil and 19,519 Mcf of natural gas.

South Wayne Prospect, Oklahoma. On March 14, 2010, we acquired a 5% working interest in Okland Oil's South Wayne prospect located in McClain County, Oklahoma. As of October 31, 2010, the well had been drilled and production casing has been set. The well was perforated in July 2010 and immediately started flowing oil at a rate of 200 Bbls per day. The flow of oil was slowed and stopped due to a buildup of paraffin. A pumping unit was placed on the well in late August 2010. Total production for the McPherson well as of October 31, 2012 was 18,782 Bbls of oil and 10,521 Mcf of natural gas. Additional pay zones are located above the currently producing horizon and it is anticipated that these zone will be perforated in the future adding additional production to the well.

2013 - 1 Program, Oklahoma. On March 1, 2010, we agreed to participate with a 5% working interest in a 3-D seismic program managed by Ranken Energy Corporation which will cover approximately 135 square miles in a known oil and gas producing area. An earlier 2-D seismic program over the same area indicated a number of untested structures. We expect the 3-D program will refine and better define the structures discovered during the earlier program and pinpoint drill locations. We will participate in the seismic program and the related prospect generation and acquisition phase without any promotion.

Work has commenced on this project. Shooting and data acquisition started on the Oklahoma 3-D project in late February 2011. The project covers approximately 86,350 acres or 135 square miles of which approximately 83,043 acres or 130 square miles has been permitted.

The project employs state of the art equipment and processing that will help pinpoint drill target and well locations. Initial testing to determine what sweep frequencies to be used reinforced the fact that the data to be acquired will be of high quality compared to surveys performed in the past. This survey is taking place over an area that was originally shot with 2-D seismic that located a number of anomalies but the data was not of sufficient quality to pinpoint well locations. In contrast, this 3-D survey is expected to pinpoint these locations, dramatically reducing the risk of drilling dry holes. A total of 5,148 acres of leases have been acquired thus far and leasing of additional lands is still under way.

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. Of the five wells drilled to date at the Oklahoma-2013, one well is currently in production with four wells plugged and abandoned. Drilling at the multi-phase Oklahoma-2013 project is expected to continue through 2014.

Double T Ranch#1 SWDW, Oklahoma. On July 17, 2012, we acquired a 3.00% working interest in the drilling, completion and operations of the Double T Ranch#1 SWDW located in Garvin County from Ranken Energy Corporation.

 

Project Maps

Startigraphic Column South Central Oklahoma
Startigraphic Column South Central Oklahoma
Regional Map
Regional Map
Oklahoma Properties and Geology
Oklahoma Properties and Geology
Oklahoma Properties Cross Section
Oklahoma Properties Cross Section
 
 



No Debt   
http://finance.yahoo.com/q/ks?s=BNXR.OB


Total Liabilities of 40,000 dollars only as of sept 2015. 115,000 taken off the books along with new ceo being put into place.
 

BNXR Security Details
Share Structure:
Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date:   24,629,832 shares of Common Stock, $0.001 par value, as of Sept 2015

 
  Market Value1 $369,447 a/o May 07, 2015
  Authorized Shares 100,000,000 a/o Sept 21, 2015
  Outstanding Shares 24,629,832 a/o Sept 21, 2015
  -Restricted Not Available
  -Unrestricted Not Available
  Held at DTC Not Available
  Float 22,075,130 a/o Sept 21, 2015
  Par Value 0.001
 

http://www.brinxresources.com
 

 
 
 
Sept 2015 NEW CEO read recent filings and sticky post. CEO owns about 10% of OS from open market with about a .10 average $270,000 invested appr. He is the founder of Retail Velocity. Retailvelocity.com More updates to come.
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PostSubject
#4331  Sticky Note 2 Major Reasons BNXR is a HOT Speculative BUY JRS 11/18/16 11:25:37 AM
#4306  Sticky Note Few Key Facts/Bullet Points RE: BNXR.. DF 11/15/16 03:48:25 PM
#4442   Great Looking Good!! Ask$lapper 12/02/16 07:16:57 PM
#4441   GN DF!! Ask$lapper 12/02/16 07:16:22 PM
#4440   Right on all adds up!)) Enjoy your weekend. DF 12/02/16 04:28:23 PM
#4439   Like I said not many shares but I nsomniyak 12/02/16 04:26:20 PM
#4438   Nice nsom!))) Good fills there..tough fills..enjoy your weekend DF 12/02/16 04:24:07 PM
#4437   Have a nice weekend all!) Nice to see DF 12/02/16 04:22:41 PM
#4436   I got a partial fill for small change nsomniyak 12/02/16 04:15:34 PM
#4435   GN All!! Ask$lapper 12/02/16 04:00:22 PM
#4434   Agree Gonna Run Hard Here!! Ask$lapper 12/02/16 01:57:20 PM
#4433   Wish I had a few mil more ugh DF 12/02/16 01:16:04 PM
#4432   Yeppers Very Thin!! Ask$lapper 12/02/16 01:09:35 PM
#4431   .06 chirpy..interesting.) SOOO THIN OMY we set here DF 12/02/16 01:04:17 PM
#4430   Same To Yah Lets Go!! Ask$lapper 12/02/16 08:49:06 AM
#4429   Hey maan!) Happy Friday!! DF 12/02/16 08:48:18 AM
#4428   GM DF!! Ask$lapper 12/02/16 08:43:25 AM
#4427   GM A$ and all BNXR longs!)) Happy Friday!)) DF 12/02/16 08:42:12 AM
#4426   GM BNXRers!! Ask$lapper 12/02/16 08:28:19 AM
#4425   GN DF!! Ask$lapper 12/01/16 06:55:20 PM
#4424   Have a nice evening. Hey some nice green DF 12/01/16 04:03:19 PM
#4423   GN All!! Ask$lapper 12/01/16 03:59:10 PM
#4422   Chip chip there...soon to CHOMP CHOMP northward I'm betting!) DF 12/01/16 11:32:02 AM
#4421   Goes to show just how thin and tightly DF 12/01/16 10:11:25 AM
#4420   A lil green and ppl jump on offer DF 12/01/16 09:59:15 AM
#4419   07s back up DF 12/01/16 09:36:24 AM
#4418   GM BNXR let's see a rockin december..santa on stevo51 12/01/16 09:04:46 AM
#4417   Lets Go!! Ask$lapper 12/01/16 09:03:59 AM
#4416   Hey bro! Lets have us a nice holiday DF 12/01/16 09:01:54 AM
#4415   GM DF!! Ask$lapper 12/01/16 09:00:24 AM
#4414   GM bro and all BNXR longss!)) Heres to DF 12/01/16 08:58:02 AM
#4413   GM BNXRers!! Ask$lapper 12/01/16 08:29:19 AM
#4412   GN DF!! Ask$lapper 11/30/16 07:08:47 PM
#4411   Have a g1 all!) Someone just had to DF 11/30/16 04:07:54 PM
#4410   GN All!! Ask$lapper 11/30/16 03:59:24 PM
#4409   Oil is rocking today too btw..bigtime DF 11/30/16 02:35:46 PM
#4408   Nice seeing it this tightly held now finally DF 11/30/16 12:29:21 PM
#4407   GM DF!! Ask$lapper 11/30/16 09:24:43 AM
#4406   GM A$ and all BNXR longsss!)) DF 11/30/16 09:22:04 AM
#4405   GM BNXRers!! Ask$lapper 11/30/16 08:27:36 AM
#4404   GN All!! Ask$lapper 11/29/16 03:59:06 PM
#4403   GN DF!! Ask$lapper 11/29/16 03:54:29 PM
#4402   Have a nice evening A$ and all longs!) DF 11/29/16 03:53:40 PM
#4401   An Etrader jumpin around 35k 035..weed um..not many DF 11/29/16 12:06:59 PM
#4400   07 offers then cdel jumps to 0359 lol..weed DF 11/29/16 10:53:40 AM
#4399   At least toss on radar.) DF 11/29/16 10:28:03 AM
#4398   Not ones average or typical otc imo. Mr DF 11/29/16 10:18:59 AM
#4397   Hey TG! Read the sticky posts. New CEO DF 11/29/16 10:15:18 AM
#4396   Not finding much info on BNXR...can someone provide TGOO 11/29/16 10:02:24 AM
#4395   074s up. When this is .10s .20s .50s DF 11/29/16 09:46:50 AM
#4394   GM DF!! Ask$lapper 11/29/16 09:26:20 AM
#4393   GM bro and all BNXR longsss!) GL2USTODAY!)) DF 11/29/16 09:25:06 AM
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