SOURCE: Topaz Resources, Inc.

Topaz Resources, Inc.

September 07, 2010 16:00 ET

Topaz Resources Reports Drilling and Log Results of Barnett Well

DENTON, TX--(Marketwire - September 7, 2010) -  Topaz Resources, Inc. (OTCBB: TOPZ) today reported the drilling and log results of its Barnett Shale well located in the "oil" leg of the Barnett shale formation in North Texas.

"The well was drilled to a total depth of 7,740 feet stopping at the top of the Viola formation. The electronic logs have identified a 600 foot section of Barnett Shale which includes a solid 400 foot section in the Lower Barnett with porosity and permeability values that indicate good productive capabilities," stated Bob Lindsay, COO of Topaz Resources. "The logs also confirm good productive characteristics from 6,775 feet to 6,785 feet, from 6,817 feet to 6,827 feet and from 6,881 feet to 6,888 feet in the shallower Conglomerate, supporting the good oil and gas shows that were encountered during drilling through these depths. In addition, oil and gas shows during drilling and the logs indicate that we have encountered a potential productive Marble Falls zone at 6,980 feet to 7,160 feet. Based on these results, Topaz set casing and cemented as a vertical well through the Barnett up to the shallower Conglomerate and Marble Falls zones. We currently are designing a completion program and are assessing the behind pipe production and reserve potential in the Marble Falls and Conglomerate formations."

About Topaz Resources

Topaz Resources is an independent oil and gas company focusing on production, acquisitions and developmental drilling opportunities within proven producing areas of north, central and west Texas. The Company's website can be found at

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact Information

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