Berkley Resources Inc.

Berkley Resources Inc.

January 06, 2005 09:01 ET

Berkley Resources Inc.: Successful Flow Test at the Brazeau Area Nisku Formation Natural Gas Test Well


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: BERKLEY RESOURCES INC.

TSX VENTURE SYMBOL: BKS
OTC Bulletin Board SYMBOL: BRKDF.PK

JANUARY 6, 2005 - 09:01 ET

Berkley Resources Inc.: Successful Flow Test at the
Brazeau Area Nisku Formation Natural Gas Test Well

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 6, 2005) - Berkley
Resources Inc. (the "Company") (TSX VENTURE:BKS)(OTCBB:BRKDF.PK) is
pleased to report as follows:

Brazeau Area, Alberta:

The Brazeau Area Nisku formation natural gas test well located in
west-central Alberta was successfully flow tested over a 48-hour period
ending January 2, 2005. The well was perforated over a 10-foot interval
at a depth of 11,235' and was flowed at rates in excess of 3.5 million
cubic feet per day (mmcf/d) on a restricted choke. The natural gas
contains a rich stream of over 50 barrels of condensate per million
cubic feet of gas. There was no formation water produced on test and no
measurable pressure drawdown recorded. Based on these test results this
well appears capable of producing in a manner similar to the template
well located 1.25 miles to the southeast which produced nine billion
cubic feet of gas during its first three years of production at average
rates near 9 mmcf/d. The operator is preparing to tie-in the test well
which is expected to be on production well before the end of the first
quarter, 2005. The Company holds 30% working interest in this well
through payout reducing then to 19.50%.

Senex Area, Alberta;

The Company and its partners have drilled and cased three new wells on
this multi-zone prospect. Drilling and completion operations will now be
recessed while the parties conduct the planned 3-D seismic program over
the jointly held lands (see November 24, 2004 Press Release). Completion
operations will resume by early February 2005.

The Company reports that its other ventures, particularly Leduc and
Crossfield, are on track for drilling over the next few months. For
further information with respect to oil and gas operations please
contact Jim O'Byrne, Manager, Oil and Gas Operations, in the Calgary
office at (403) 237-6211. For information with respect to financial
matters, please contact Matt Wayrynen, President, at the Company's
Vancouver office at (604) 682-3701.

On behalf of the Board of Directors of Berkley Resources Inc.

Matt Wayrynen, President


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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Berkley Resources Inc.
    J.E. (Jim) O'Byrne
    Manager, Oil and Gas Operations
    (403) 237-6211
    or
    Berkley Resources Inc.
    Matt Wayrynen
    President
    (604) 682-3701
    (604) 682-3600 (FAX)
    Email: info@berkleyresources.com
    Website: www.berkleyresources.com
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of the content of this news
    release.