SOURCE: Brinx Resources Ltd.

Brinx Resources Ltd.

October 12, 2010 09:00 ET

Brinx Resources Drills Two Successful Wells at Belmont Lake Oil Field in Mississippi

ALBUQUERQUE, NM--(Marketwire - October 12, 2010) -  Brinx Resources Ltd. (OTCBB: BNXR) is pleased to announce it has drilled two successful wells at the Belmont Lake oil field project located in northern Mississippi.

The two successful directional oil wells, the PP-F12-4 and PP-F12-5, are located in close proximity to the original Belmont Lake oil field discovery well (PP-F12), drilled by Brinx and partners in late 2008. The new wells are believed to produce oil from pay zones with twenty-six and twelve feet of net pay respectively as confirmed by logs and sidewall core examination. Initial downhole testing indicates permeability ranging between 1000 - 3000 millidarcys and porosity of between 30 - 35 %, which confirms the generally excellent reservoir characteristics that have been seen at previous Belmont Lake wells. A third well was drilled in this program, but encountered only natural gas. The decision was made not to complete the natural gas well until prices improve from current levels.

"The success of this drill program will not only add two more oil wells to our growing portfolio, but it has also helped us to more clearly define what was expected to be the most north-west productive corner of the Belmont Lake oil field discovery," said Leroy Halterman, President of Brinx Resources. "Everyone is very satisfied that our seismic interpretations and geological expectations seem to have been confirmed by the outcome of these wells. We are now evaluating the large amount of new data generated by the program and expect to utilize it to identify several ideal locations for drilling of offset development wells at Belmont Lake in the near future."

During the next two to three weeks, field operations at Belmont Lake will focus will on further testing of the new wells, installation of the required infrastructure, and connection of both wells to the existing tank farm in preparation for expanded oil sales.

Brinx holds a 10% gross working interest (8.5% net) in the four current Belmont Lake oil field wells (PP-F12, PP-F12-3, PP-F12-4, and PP-F12-5) and holds the right to participate in all future exploration and development of the project.

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 Sands Project in Noble County, Oklahoma (40% interest); the Oklahoma Projects drill programs (5% 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 expand its portfolio to include additional interests in North America and internationally.

Safe Harbor Statement: 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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