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Tuesday, March 12, 2013 9:33:08 AM
$BRZV ~ 3/11 News ~ Breezer Ventures announces acquisition of two oil producing wells
http://finance.yahoo.com/news/breezer-ventures-announces-acquisition-two-120000798.html
FORT WORTH, TX, March 11, 2013 /PRNewswire/ - Breezer Ventures Inc. (BRZV) (OTCQB:BRZV.PK) ("Breezer" or the "Company") has recently signed an agreement with Firecreek Global, Inc. to acquire a 13/16th interest in Wells #27 and #30, situated on the Jackson Oil and Gas Leases, in exchange for Well #6. Wells #27 and #30 are currently producing and are awaiting fracture stimulation of the producing zones to increase the current production levels.
Breezer is very excited about the acquisition of Wells #27 and #30 as they represent excellent value for the shareholders of the Company. The Company is now positioned with two additional very proven wells that have hydrocarbons in-place which they now can aggressively leverage into more cost effective growth of the oil reserves and oil production.
The Jackson Leases is surrounded by significant discoveries in close proximity, leading to high expectations for the property.
Along with beginning to plan for the next well to be drilled in the Jackson Leases, the Company is also looking at other acquisitions to bolster its inventory of drillable prospects.
http://finance.yahoo.com/news/breezer-ventures-announces-acquisition-two-120000798.html
FORT WORTH, TX, March 11, 2013 /PRNewswire/ - Breezer Ventures Inc. (BRZV) (OTCQB:BRZV.PK) ("Breezer" or the "Company") has recently signed an agreement with Firecreek Global, Inc. to acquire a 13/16th interest in Wells #27 and #30, situated on the Jackson Oil and Gas Leases, in exchange for Well #6. Wells #27 and #30 are currently producing and are awaiting fracture stimulation of the producing zones to increase the current production levels.
Breezer is very excited about the acquisition of Wells #27 and #30 as they represent excellent value for the shareholders of the Company. The Company is now positioned with two additional very proven wells that have hydrocarbons in-place which they now can aggressively leverage into more cost effective growth of the oil reserves and oil production.
The Jackson Leases is surrounded by significant discoveries in close proximity, leading to high expectations for the property.
Along with beginning to plan for the next well to be drilled in the Jackson Leases, the Company is also looking at other acquisitions to bolster its inventory of drillable prospects.
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