BrewBilt Brewing Co (BRBL)

[kellog$]

DLTA's 10q 8/13/13
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Premont Northwest Field, USA

On August 20, 2012, the Company acquired its 10% working interest in the Garcia #3 and the continuing development rights in the field with an agreement with Progas Energy Services LLC, a Texas oil & gas company (“Progas”) to jointly develop the field located in Jim Wells County, Texas, known as the Premont Northwest Field. The Company acquired these interests through the issuance to Progas of 236,134 common shares at an initial cost of $0.15 per share and its pro-rata share of drilling costs, which was $49,460. The Company has also paid its pro-rata share of $42,000 for two re-completions.

The first four wells in this field have shown oil stains in at least one zone per well. The Company’s operator is awaiting an electric installation which will power the pumps so that testing of each well can begin. The Company’s operator expects the installation of electrical power to occur within the next few months.