SOURCE: Brinx Resources Ltd.

January 29, 2007 09:15 ET

Brinx Identifies New Offset Development Well to the Powell #2 -- Drilling to Commence in Mid-February

ALBUQUERQUE, NM -- (MARKET WIRE) -- January 29, 2007 -- Brinx Resources Ltd. (OTCBB: BNXR) (the "Company" or "Brinx") is pleased to announce it will drill a direct offset well to the successful Powell #2 at Owl Creek, beginning within the next four weeks.

New geological information and reprocessed geophysical data has now identified direct offset well locations. The first new well is the Isbill #2-36 and drilling should be complete about 3 weeks after spudding.

The 3-D seismic survey indicates that the Isbill well should be structurally very similar to slightly higher to the field discovery characterized by the Powell #2 well. Up to three potentially productive zones are being targeted, including the current lower producing zone in the Powell #2. The same seismic survey also indicated several other potential new additional locations for future testing.

The Powell #2 well has been flowing naturally under its own pressure for roughly seven months. The well's production had declined to 100 barrel of oil per day but after a second paraffin treatment, the production rate has risen back to over its original rate to over 200 barrels of oil and 70 mcf of gas per day. Based upon the well's response to this treatment the well is showing very little decline or depletion indicating that the producing reservoir and the associate field is larger than earlier believed. Since this well was completed in late June over seven months ago it has produced over 27,000 barrels of oil and 7 million cubic feet of gas contributing significantly to Brinx's cash flow.

"Brinx Resources has made major progress over the past year moving to an Oil and Gas Producer from three separate projects," President Lee Halterman stated. He further stated, "That not only are we producing oil and gas on all three projects but have significant plans to develop additional production from all three projects for the upcoming year and add additional high quality oil and gas projects to our portfolio."

Brinx Resources holds a 50% working interest in the Powell # 2 and 42.5% in the untested portions of 1200 acres in the Owl Creek Prospect. In addition to the Trenton zone of the Viola, other wells in the immediate vicinity have had oil and gas shows in the upper Viola, Hunton, Hart, Bromides, and Gibson zones. Additional drilling will help further define the project potential in these other pay zones.

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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