FORT WORTH, TX, April 5, 2013 /PRNewswire/ - Breezer Ventures Inc. (BRZV) (OTCQB:BRZV.PK) ("Breezer" or the "Company") is pleased to announce that a drilling rig has been moved to Well #2A of Callahan County, Texas and pre-drilling preparations are underway.
In March 15, 2013, Breezer announced the purchase of it's sixth oil and gas interest: Well #2A in the Jackson Oil and Gas Fields. The location has been permitted and built. Once the drill rig is set up, Breezer's field operators will drill Well #2A and attempt to re-establish the oil production that previously existed.
The drilling plan is to contact the Tannehill formation first and determine the extent of hydrocarbons. The potential of the zone will then be tested and if the results are encouraging, the well will be placed on production. The Company estimates that it will be able to determine the optimal production level of the well within 30 days.
About Breezer Ventures Inc. Breezer Ventures Inc. is an oil and gas exploration and development company focused on projects in the United States. The Company is developing oil and gas properties with the aim of bringing such properties to commercial production.Forward-Looking Statements This press release may include certain statements that are forward-looking in nature. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in this press release are based on Breezer Ventures Inc.'s current expectations and projections regarding future events, which are based on currently available information. The forward-looking statements in this press release may also include statements relating to Breezer Ventures Inc.'s anticipated new developments, business prospects, financial performance, strategies and similar matters. Breezer Ventures Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission. ON BEHALF OF THE BOARD OF DIRECTORS,
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