Breezer Ventures Inc. (OTCQB: BRZV) has acquired assets on Jackson leases in Callahan County, Texas from Firecreek Global Inc.
Breezer Ventures signed an agreement with Firecreek Global to acquire a 13/16th interest in Wells #27 and #30, situated on the Jackson leases, in exchange for Well #6.
Wells #27 and #30 are currently producing and are awaiting fracture stimulation of the producing zones to increase the current production levels. With the acquisition of these two proven wells, the company is in position to aggressively leverage into more cost effective growth of oil reserves and production.
Breezer Ventures Inc. is an independent natural resources company engaged in the acquisition, exploration, development, and production of oil, natural gas, and minerals in the U.S. The company is based in Irvine, Calif.
Firecreek Global Inc. is a privately-held E&P company focused on petroleum development internationally. The company is based in Fort Worth, Texas.