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Who are the other partners in the new well? who knows? thanks
This new well should x3 the pps
Yes the Mira and Sara in ISRAEL (my country)is big reason to invest here.
Yes the Mira and Sara in ISRAEL (my country)is big reason to invest here.
I know that and i am on the buy side ( already have 250K with my friends and family)and i wanted to tell you that there is no similar oil company that the m/k less then 4 M $ that have net revenues.
The m/k is less the 200k after the r/s
Do you know about small oil company (less then 5 million $ )that have net profit like BNXR ? WHAT IS THE SIMBOLS?
King City soon
"King City Oil Field
Effective May 25, 2009, we entered into an agreement with Sunset Exploration to explore for oil and gas on 10,000 acres located in west central California. The agreement calls for us to earn a 20% working interest in the project by funding a maximum of 50% of a $200,000 geophysical survey composed of gravity and seismic surveys and agreeing to carry Sunset Exploration for 33.33% of dry hole cost of the first well. Completions and drilling of this first well and completion of subsequent wells on the 10,000 acres will be proportionate to each party’s working interest. The geophysical surveys have been completed and most have been processed and interpreted. The initial surveys indicated that several more short geophysical survey lines would improve the interpretation. These additional lines have been completed and subsequently several stages of reprocessing have been applied to the original data. Based on this data, two drill locations have been selected and permitting is underway. Permitting is near completion and drilling of one of these locations is anticipated in late June or July of 2011.
I like the report
All the parmeters are better .
If news from King City are going to come DLTA shuld also jump.
The gas price is also high
th1776 said that they gone so who make the "dilute"
Look at BNXR the bid 0.15 $ traded at 0.17 up 25% !
DLTA will also move up i hope.
The quartery report should be out this week,the oil price at the fist and 2nd quarters are high.Don't be without DLTA and BNXR.
MY buy orders at 0.1702 and 0.17 was field .I want more i'm on the bid.
oditor=auditor
The new oditor started to work at late feb 'he need more time.
You are not alon here 'u am on the bid and i am the one who took the ask yesterday.soon there will be no more shares floating...
If the next 10q will show revenues over the last q the pps will fly imho/Good luck
BNXR have the same problem of lack of knowledge .K C drilling will fix that.
i GOT THIS MAIL TODAY
Brinx Resources Advances 3-D Seismic Program in Southern Oklahoma
ALBUQUERQUE, NM -- March 29, 2011 -- Brinx Resources Ltd. (OTCQB:BNXR) is pleased to report that significant progress has been made at the large-scale 3D seismic program currently underway on 83,043 acres (130 square miles) in southern Oklahoma. Brinx and its partners anticipate that the seismic program could generate numerous high-potential drill targets and lead to multiple new oil and gas discoveries.
"Brinx has had great success drilling oil and gas targets generated by 3D seismic programs in the past and our expectations for this program are very high," said Leroy Halterman, President of Brinx Resources. "Each successful Brinx drill program in southern Oklahoma has benefited enormously from front-end investment in proprietary seismic data. The use of this new 3D seismic data will allow future targets to accurately pinpoint drill hole locations resulting in a higher drilling success ratio.
At this time, over 25 percent of the seismic program has been completed with the remainder expected to be finished within the next two months. Seismic data from the first stages of the shoot is currently being processed and modeled. Initial evaluation indicates the program has been successful and the Company reports that potential site assessments look very promising. It is expected that drilling of the first seismic anomaly target could start as early as this midsummer.
The overall scale of the southern Oklahoma seismic program is exceptionally large (83,043 acres or 130 square miles) and there is long a history of significant hydrocarbon production across the region. The data that is being acquired and processed will be state of the art as compared with earlier 2D surveys. The strategic purpose of the 3D seismic program is to locate numerous new oil fields across the entire prospect area and fully exploit the proprietary data to develop the new discoveries.
The 3D seismic will greatly enhance the geologist’s and geophysicist’s ability to identify structural features and closures and then pinpoint drill locations. Based on the results of the analogous periphery fields it is reasonable to assume that these closures depending upon the formation targeted could produce wells with oil recoveries as high as 600 barrels of oil per acre foot with initial production in excess of 200 hundred barrels of oil per well/per day.
Further information regarding progress at the southern Oklahoma seismic program and other Brinx developments will be released, as it becomes available.
About Brinx Resources
Brinx Resources is an expanding exploration company focused on developing North American oil and natural gas reserves. The Company's current focus is on the continued exploration and development of its land portfolio comprised of working interests in the Three Sands Project in Noble County, Oklahoma (25 to 40% interest); the Oklahoma Projects drill programs (5% interest); King City project in California (20% interest); and the Palmetto Point and Belmont Lake Oil Field Projects in Mississippi (8 to 8.5% interest). Brinx Resources is seeking to further develop its existing projects through development or offset drilling and expand its portfolio to include additional interests in North America and internationally.
LiveCall Investor Relations for Brinx Resources
E-mail: info@brinxresources.com
Brinx Corporate: www.brinxresources.com
Investor Community: www.livecallir.com
Toll-Free: (877) 226-8002
Safe Harbor Statement: Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors but they include and are not limited to the existence of underground deposits of commercial quantities of oil and gas; cessation or delays in exploration because of mechanical, operating, financial or other problems; capital expenditures that are higher than anticipated; or exploration opportunities being fewer than currently anticipated. The Company has no official gas or oil reserves at this time and may not have sufficient funding to thoroughly explore, drill or develop its properties. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements and filings.
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Why to suffer here?move to BNXR .
BNXR turn to profit there is no dillution .
BNXR have audited reports.
Only 3m $ market kapital.
The oil price should increase the profit!The next q will be better BNXR is bargin .
I ADD 11000 MORE AT 0.1225 only few know about the quartery report.
You may and i will
Now with the oil price the q1 will be much better.
http://www.sec.gov/Archives/edgar/data/1...
BNXR turned to profit!
The revenues up more then 200% q42010 vs q4 2009
Why not?
No need p/r! we need q reports ,there is all the info we need and at the last one we saw the growing ravenues and that is what we need to see.The last p/r give us a hint that in the neer future the ravenues will grow again.
News! another 2 wells!
more revenuse!
The revenues up to 254k that means that the property worth much more then it shows at the balance sheet.
From yahoo
In the first q there was 14,178,163 s/h equity.
The s/h equity per share if there are 3 bilion share is x3 the current price.Now with the current production (that the dillution help to rich)the current cash flow can stop or reduce the dillutions.
At the ballance every one can see that there are assets and some cash that is not enough to pump the oil up.Thare is no other way to get cash but selling stocks but i also believe that current production will help to get positive cash flow.
Good luck to longs.
There are many kind of news,today news 'worth"pps of 0.0006 .
Only nite at 0.0002
Tell this story to the press or any media
If story like this was in my country it was in the t.v in few minutes.
Another 4 one of them is my order
Only 4 at 0.0002
There is 11 mm at the bid 6 at the ask
I gess BD paid to supplier with stocks and he sold with no limit to get cash.Otherwise there is no chance to buy at 1.
BNXR need 2 good wells with good production # so the cashflow will be more significant.