SOURCE: Brinx Resources Ltd.

March 01, 2007 09:15 ET

Brinx Commences Drilling on New Offset Development Well to the Powell #2

ALBUQUERQUE, NM -- (MARKET WIRE) -- March 1, 2007 --Brinx Resources Ltd. (OTCBB: BNXR) (the "Company" or "Brinx") is pleased to announce that the drilling has commenced on the Isbill #2 -- a direct offset well to the successful Powell #2 at Owl Creek.

New geological information and reprocessed geophysical data was used to identify this direct offset well location. The 3-D seismic survey indicates that the Isbill #2 well should be structurally very similar or slightly higher to the new field discovery characterized by the Powell #2 well. Three potentially productive zones are being targeted which includes the current lower producing zone of the Powell #2. The same seismic survey also indicates other additional high potential locations for future testing.

The Powell #2 well has been flowing naturally under its own pressure for over eight months. The well's production continues near its original rate of 140 barrels of oil and 50 mcf of gas per day. The well is showing very little decline or depletion indicating that the producing reservoir and the associate field is larger than earlier believed. The well has produced over 30,500 barrels of oil and 8 million cubic feet of gas since June 2006.

"Brinx Resources continues to make significant progress as an Oil and Gas Producer," says Brinx President Leroy Halterman. "Not only are we producing oil and gas on all three of our projects but we have solid plans to develop additional production from all three projects in 2007, as well as adding additional high quality oil and gas projects to our portfolio."

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 Sand Project in Noble County, Oklahoma (40% interest); the Owl Creek Project in McClain County, Oklahoma (42.5 to 50% interest); and the Palmetto Point Project in Mississippi(8.5% interest). Brinx Resources is seeking to expand its portfolio to include additional interests North America.

Leroy Halterman, President

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. 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. 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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