SOURCE: Brinx Resources Ltd.

Brinx Resources Ltd.

April 15, 2010 09:00 ET

Brinx Resources and Partners Run Production Casing on Their 6th Consecutive Successful Well at Oklahoma Projects Drill Programs

ALBUQUERQUE, NM--(Marketwire - April 15, 2010) -  Brinx Resources Ltd. (OTCBB: BNXR) is pleased to report that the Company has completed drilling and run production casing at the OK-4 #2 well, making it their sixth consecutive successful well at the Oklahoma Projects drill programs.

Initial electric and radiation logs indicated that the well had encountered multiple pay zones and the decision was made to directly run production casing. The OK-4 #2 was part of a two well drill program targeting hydrocarbon bearing sands similar to that encountered at the Company's successful 09-3 #2 well located less than one-half mile to the east. 

To date, Brinx and its partners have drilled six consecutive successful wells at Oklahoma Projects drill programs, including two of which that are currently producing and selling oil and gas at a combined stabilized rate of over 400 barrels of oil per day with approximately 250 thousand cubic feet of natural gas. A third well that tested at over one million cubic feet of natural gas per day along with 20 barrels of oil is awaiting a pipeline to be completed later this month before production and selling. The three remaining wells, including the OK-4 #2, will be completed over the next several weeks. 

"The success rate in our recent Oklahoma drill programs has been exceptional," said Leroy Halterman, President of Brinx Resources. "Not only will these wells have a positive impact on our current cash flow and growth, but it should also be noted that all six wells have additional up-the-hole pay zones that will be completed by the partners at a later time."

Based upon the success of the previous Oklahoma Projects drill programs, Brinx Resources has elected to participate with its partners in additional programs, including the drilling of new exploration wells and wells to further the development of its newly discovered fields.

About Brinx Resources

Brinx Resources is an expanding exploration company focused on developing North American oil and natural gas reserves. The Company's current focus is on the continued exploration and development of its land portfolio comprised of working interests in the Three Sands Project in Noble County, Oklahoma (40% interest); the Oklahoma Projects drill programs (5% interest); King City project (20% interest) in California; and the Palmetto Point and Belmont Lake Oil Field Projects in Mississippi (8 to 8.5% interest). Brinx Resources is seeking to further develop its existing projects through development or offset drilling and expand its portfolio to include additional interests in North America and internationally.

Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors but they include and are not limited to the existence of underground deposits of commercial quantities of oil and gas; cessation or delays in exploration because of mechanical, operating, financial or other problems; capital expenditures that are higher than anticipated; or exploration opportunities being fewer than currently anticipated. The Company has no official gas or oil reserves at this time and may not have sufficient funding to thoroughly explore, drill or develop its properties. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements and filings.

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