SOURCE: Brinx Resources Ltd.

Brinx Resources Ltd.

December 16, 2010 09:00 ET

Brinx Resources and Partners Complete Second Oil Well at OK-6 Project in Southern Oklahoma

ALBUQUERQUE, NM--(Marketwire - December 16, 2010) - Brinx Resources Ltd. (OTCBB: BNXR) is very pleased to announce the successful completion and production of a new naturally flowing oil well on the OK-6 project located in Southern Oklahoma. 

Immediately after perforation, the well began flowing oil and gas without the aid of any acid stimulation or fracture treatment. The well has continued to flow naturally at rates of between 350 and 400 barrels of oil per day for the last week and has been water free. 

"The current flow rates from this well are some of the best we have seen from any of our Oklahoma programs," said Leroy Halterman, President of Brinx Resources. "In addition to high flow rates and the resulting cash-flow increase, this well is expected to add significant reserves to Brinx's current inventory."

This is the second of three new discovery oil wells at the OK-6 project to be placed into production, while a third discovery well is waiting to be fracture treated prior to being allowed to flow. The Company expects to participate in several additional development wells to offset the earlier successful and producing wells at the Oklahoma Projects.

Further information regarding progress at the OK-6 project and other Brinx developments will be released, as it becomes available.

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 (25 to 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.

Contact Information