SOURCE: Brinx Resources Ltd.

Brinx Resources Ltd.

February 03, 2010 06:00 ET

Brinx Resources and Partners Spud First Well at OK-4 Oklahoma Project

ALBUQUERQUE, NM--(Marketwire - February 3, 2010) - Brinx Resources (OTCBB: BNXR) is pleased to report that drilling of the first well of the new OK-4 two well program at the Oklahoma Project has begun.

The OK-4 #1 well is expected to take approximately two weeks to reach a total depth. The well site was selected based on positive indications from 3-D seismic surveys and is targeting hydrocarbon bearing sands similar to that found at the Company's successful 08-3 wells and the 09-3 wells.

"The Company is very pleased to see this project get started on schedule despite the bitter cold, freezing rain, and heavy snowfalls that have swept through southern Oklahoma," said Leroy Halterman, President of Brinx Resources. "Our familiarity and knowledge of the area's geology gives us solid indication that both wells in the program will potentially encounter multiple oil and gas zones."

Further information regarding progress at the 09-4 Oklahoma Project will be released, as it becomes available.

About Brinx Resources

Brinx Resources is an expanding exploration and production company focused on developing North American and international 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 08-3, 09-2, 09-3, and 09-4 Oklahoma Projects (5% interest); Three Sands Project in Noble County, Oklahoma (40% interest); King City Project in California (20% interest); 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 to expand its portfolio to include additional interests North America.

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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