CALGARY, Feb. 28 /CNW/ - (TSXV: BRX) Brixton Energy Corp. ("Brixton") is pleased to announce the following
corporate strategy for its Panny 8-25-095-05 W5M well. It was
management's belief that the pipeline that the Panny well was tied in
to would not allow it to produce at its fullest potential due to the
back pressure by third party facilities. Brixton has disconnected the
well from the pipeline and plumbed in two 400 Bbl tanks that the
Company has purchased. Panny well was successfully started on February
25, 2011 at 7 pm MST. The well is currently flow testing to these tanks
to obtain accurate production measurements. Brixton will announce flow
rates once the testing phase is complete, for which the Company elected
a 14 day test period.
President Richard Saxon states: "Management is pleased with the strategy
that we executed. Preliminary test results indicated that the volume of
fluid has increased significantly from our last known test".
On Behalf of Brixton Energy Corp.
Richard Saxon, President
We seek Safe Harbor
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE Brixton Energy Corp.
For further information:
Richard Saxon, 604-269-0006