Published:
Brinx Resources Provides Corporate Update

Brinx Resources Ltd. (OTCBB: BNXR) (the
"Company" or "Brinx") is pleased to provide this update outlining the
recent corporate developments and near term prospects of the Company.
Brinx Resources Ltd. is an exploration and production company focused on
developing oil and gas resources both in the United States and
internationally. The Company is currently producing oil and gas in both
Oklahoma and Mississippi.
In 2009, due to the drop in domestic drilling and completion costs within
the oil and gas sector, Brinx resumed its aggressive exploration
activities. Success in certain programs combined with sales from previous
programs has allowed the Company to participate in additional exploration
and drilling activity. At present, the Company has numerous potential well
locations already identified in several of its projects giving Brinx ample
locations to drill in the future and continue building the company.
"The Company's strong financial position and significant cash flow mean
that Brinx is set to take full advantage of the numerous potential well
locations that have been identified on our projects," says Brinx President,
Leroy Halterman. "Furthermore, the Company continues to actively seek and
negotiate new opportunities in order to further develop the Company and
provide value to its shareholders."
The Company is currently participating in oil and gas exploration,
production and development in three distinct geographic regions: Oklahoma,
Mississippi, and California. A brief overview of each, including recent
developments, is outlined in the following:
Oklahoma
The Oklahoma Projects have proven to be a great success for the Company in
2009. The recently completed 2008-3 program yielded four oil and gas wells
(80% success rate) including the previously announced 2008-3-4 well, which
was completed in mid-May and commenced flowing oil and gas at rates between
380 and 400 barrels of oil and 60 mcf of natural gas per day. Today, 6
months later, the 2008-3-4 well continues to produce naturally at
approximately the same rates with no decline in flowing tubing pressure.
Two additional drilling programs (the 2009-2 and 2009-3) are located in the
same region as the 2008-3 program and are currently underway with the same
operating partners. The Company has a 5% working interest in these three
ongoing drill programs in Oklahoma.
As part of the Oklahoma Projects, but located in northern Oklahoma, Brinx
holds an interest in the Three Sands Project which consists of three
currently producing oil and gas wells. An extensive number of drill
locations still exist at this site, and the Company looks forward to
further development at the Three Sands when oil prices have improved or
stabilized. Brinx holds a 40% working interest in the Three Sands Project.
Mississippi
The Palmetto Point Project in south western Mississippi continues to be an
important focus for the Company. In late 2007, Brinx and partners
successfully completed two oils wells at Palmetto Point. The wells are
currently producing about 80 bbls per day with an equal amount of water.
High water and flooding have prevented access to the location to treat the
wells. It is expected that the wells should return to their original
higher production levels of approximately 140 bbls per day after treatment.
Drilling at Palmetto Point led to the discovery of the previously unknown
Belmont Lake Oil Field. Two wells drilled into this new discovery
initially produced at over 100 bbls per day each, but were shut-in after
only a few months due to flooding in the area. Additional equipment has
been installed to control flooding and the Company intends to return these
wells to production when weather permits vehicle access to the site.
Additional drilling will be required to fully exploit this significant new
discovery. Brinx holds an 8.0-8.5% working interest at Palmetto Point.
California
The King City Project is Brinx's latest prospect. In May 2009, Brinx
acquired a working interest in the 10,000-acre King City Prospect in
southwestern California. The King City Prospect is offsetting a large,
historic, and relatively shallow oil and gas field. The Company is
excited about the potential for this prospect due to current exploration
and development activity on land neighboring the project area. Moreover,
operations in this region, once they commence, will be manageable year
round. Brinx holds a 20% working interest at King City.
The Future
Brinx Resources is an expanding exploration and production company focused
on developing North American and international oil and natural gas
reserves. The Company's current focus is on the continued exploration,
production and development of its present land portfolio as described
above. Beyond these projects Brinx continues to seek to further expand its
portfolio to include additional interests in North America and
internationally. The Company has sufficient cash reserves that will allow
for both continued development of existing projects as well as expansion
into new prospects. The Company remains committed to actively develop and
grow the Company by ensuring its profitability and subsequent value for its
shareholders.
Leroy Halterman, President
Disclaimer
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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