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Saturday, May 21, 2011 12:13:48 AM
BRAZOS INTERNATIONAL EXPLORATION, INC. (OTCBB: BRZL), today announced the company has obtained a one month extension to purchase Renfro Energy, LLC, a Dallas based independent oil company with significant oil and gas assets in Cameron Parish, Louisiana.
Although Closing was scheduled to occur on or before March 31, 2011, information gathering from Renfro Energy, LLC needed to perform an audit has taken longer than planned and the completion of such audit is not expected until sometime in April, 2011.
SOURCE: Brazos International Exploration, Inc.
Please note that they explicitly say that they are waiting for an audit to be completed. Also, please note that nowhere in the PR do they say that they will provide us with an update. Until you can provide documentation proving otherwise BRZL has not missed any promised deadlines.
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