Breezer Ventures Inc.

April 11, 2011 09:31 ET

Breezer Ventures Inc. Initiates Re-Opening of First Oil and Gas Well

CHANG CHUN, CHINA--(Marketwire - April 11, 2011) - Breezer Ventures Inc. (PINK SHEETS:BRZV) ("Breezer Ventures Inc." or the "Company") announces today that they have initiated the re-opening of well #6 of the Jackson lease which is the Company's first well, of an accumulation of ten oil and gas wells which are specified for a complete rehabilitation and production development program, based in West Texas.

The initial work to re-open this well is almost complete as the field operator, Whitt Oil and Gas, has reached the last cement plug to be drilled before reaching the Moran Sand. The project managers and field operators advise, "They expect to drill into the prolific Moran Sand sometime today or tomorrow." Then they will continue to deepen the former Magnolia/Mobil Oil well #6 into the Moran Sand and Moran Lime.

The Jackson lease was the heart of the old Magnolia/Mobil Oil Red Horse Field first discovered in 1961. Two separate engineering reports indicate that there were significant oil and gas reserves to be developed from the original formation as well as from a deeper segment within the Moran Sands and Moran Lime. The field operator and project manager have expressed optimism at what results they expect from the deeper portion of the formation. The well is on the highest structural position of the Moran Sand and Moran Lime situated on the 870 acre lease and this should prove to be very prolific.

Breezer Ventures has 10 existing and plugged oil and gas wells on the Jackson lease that are currently in for rehabilitation and reactivation on the Jackson Lease, which contains 870 acres, is situated on the western side of the Bend Arch of the Fort Worth Basin. The lease is situated 5 miles north of Baird, Texas.

About Breezer Ventures Inc.

Breezer Ventures Inc. (PINK SHEETS:BRZV) is a China based oil and gas exploration and production Company engaged in oil production and its associated activities including: exploration, extraction, processing, and reclamation. The Company specializes in sustainable, low-cost oil and gas production and currently owns and operates well #6 located in the Jackson Oil and Gas Leases located in Texas.

Forward-Looking Statements: This current report contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, continuing production from the "Jackson Oil and Gas Leases", or the generation of positive cash flow as a result, updating of the corporate website or the availability of an independent geological report outlining the leases, their production, and their potential. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with oil and gas exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of oil and gas prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. 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.


Tang Xu, Director

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