SOURCE: Brinx Resources Ltd.

December 08, 2005 09:30 ET

Brinx Resources Begins Drilling Second Well on Owl Creek Prospect

ALBUQUERQUE, NM -- (MARKET WIRE) -- December 8, 2005 -- Brinx Resources Ltd. (OTC BB: BNXR) (the "Company") is pleased to announce the commencement of the re-entry of the second well on the Owl Creek prospect. The drilling of the second well -- the Johnson #1 -- began on December 6th and will be re-drilled to a depth of approximately 5700 feet. The re-drilling of the well is expected to take approximately one week. Brinx Resources owns a 70% undivided working interest in the Powell #1 and Johnson #1 wells, and the 1,100 acres within the Owl Creek Project.

This initial phase of the Owl Creek Project is to re-enter the two wells noted and wash them down to hydrocarbon bearing zones that calculate productive in the electric and radiation logs. These zones were never previously tested.

Drilling of the Powell #1 started November 23rd and was completed to a depth of 5763 feet. On November 29th production casing was set, and completion and testing of the Powell #1 well will start as soon as a completion rig becomes available.

The Johnson #1 well wash down has started. Once complete, production casing will be set well below where logs show three potentially productive zones and the mud log indicates significant gas anomalies in these zones.

The Powell #1 and Johnson #1 wells are located over a mile apart and should one or both of these wells be productive, it would indicate that a significant oil and gas field could exist. The Company's land position covers most of a large 3-D seismically defined structure.

In addition to the Owl Creek Project, Brinx Resources also holds a 40% working interest in two wells and 880 acres in the Three Sands Project that is in the process of completing one disposal well and one production well. Brinx intends to more fully develop these assets with numerous wells, subject to successful exploration and completion work during these initial phases.

By way of modern technology, combined with historical data, Brinx expects a substantial economic opportunity exists to locate new fields as well as to recover additional oil and gas reserves. The Company is also investigating additional energy-related opportunities on an ongoing basis.

For more information please visit WWW.BRINXRESOURCES.COM or contact Tydewell Consulting at 1-888-32-BRINX (27469).

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.

Contact Information

  • Brinx Resources, Ltd.
    820 Piedra Vista Road NE, Albuquerque, NM 87123-1954
    Corporate Office:
    505.250.9992
    Fax: 505.291.0158