Breezer Ventures Inc. provide an operations update for Well #6 of the Jackson production area.
Breezer was successful in drilling into the top two meters of a ten meter thick Moran Sand oil rich formation. The Company had good initial production of oil and gas and is now seeking to increase the oil flow through hydraulic stimulation.
The Company is also looking to test the potential of the Winchell Lime and the Patio segment of the Palo Pinto formation that are located above the Moran Sand in the Jackson #6. Historical data indicates that the Patio Sand has an initial potential of 20 to 40 barrels per day oil production plus associated gas. The Winchell Lime has not been tested in this area and could possibly be a new wildcat discovery for the Company. The Company is in the immediate process of assembling the necessary resources to proceed with drilling into these other oil rich zones.