LAS VEGAS, Nov. 23, 2009 (GLOBE NEWSWIRE) -- Integrity Media has announced the release of a report and profile of emerging energy company Brinx Resources Ltd. (OTCBB:BNXR) of interest to investors of oil and gas leaders Chevron (NYSE:CVX), Lux Energy (OTCBB:LUXE), ExxonMobil (NYSE:XOM), and Samson Oil & Gas Limited (AMEX:SSN).
The profile is available at Integrity Media's courier www.smallcapsentinel.com/BNXR
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From the report: New Mexico-based Brinx Resources is an independent oil and gas firm with properties in Mississippi and Oklahoma. A recent news release from Brinx shows that Oklahoma is proving to be more than "OK" for the company. Brinx said a second well from its 09-2 Oklahoma Drill project appears to be another new discovery. The well resides in the same geographic area as a pair of other successful Brinx projects, so while this news may not be surprising, it is still a potential positive catalyst for the company. Brinx said a completion rig is now at the 09-2 site and that the rig will move to the company's 09-3 site to see if that well yields a similar discovery of oil or natural gas. While Brinx did not disclose potential production levels for the 09-2 site, the company's 08-3 site yields between 370 and 390 barrels of crude oil per day and 60 mcf of natural gas on a daily basis.
Market Update: Over the past ten days and following a sequence of positive news events, shares of BNXR have risen precipitously on increased volume.
Brinx share price and recent news events can be viewed here: http://finance.yahoo.com/q?s=BNXR.OB&.yficrumb=bwMfGpA2dsQ
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Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SmallCapSentinel.com is property of Integrity Media Inc. (IMI). IMI provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. The subject companies haven't always approved statements made in this report. This report is neither a solicitation to buy nor offer to sell securities but is for information purposes only and shouldn't be used as basis for any investment decision. IMI isn't an investment advisor, analyst or licensed broker dealer and this report isn't investment advice. IMI has been paid $25,000 by Radium Ventures Corp, a financial public relations consultant to Brinx Resources (BNXR), for this report and related advertising services. IMI has previously been paid $5,000 by Archon Global, a financial relations consultant to LUXE, for a report and related advertising services. Paid reports constitute a conflict of interest as to IMI's ability to remain objective in communication regarding subject companies.