BRAZOS INTERNATIONAL EXPLORATION, INC. (OTCBB: BRZL), today announced due diligence is almost completed in its planned acquisition of Renfro Energy, LLC, a Dallas based independent oil company with significant oil and gas assets in Cameron Parish, Louisiana.

Based in New York City, BRZL is an oil and gas exploration and development company with initial focus on the acquisition and development of oil and gas assets in the onshore Gulf Coast region. With the proposed acquisition of Renfro Energy, BRZL will acquire assets with existing producing and injection wells as well as developmental and exploration acreage. This acreage has potential for significant oil reserves as determined by subsurface well control and Three Dimensional Seismic data.

Mr. James R. Renfro, currently Managing Member of Renfro Energy and slated to act as CEO of BRZL once the acquisition is complete, is enthusiastic about the company’s future. Mr. Renfro has over 25 years’ experience in the oil and gas industry, has owned and managed several oil and gas companies including both private and public companies. Through his MBA from The University of Chicago and Engineering degree from the University of Kentucky, Mr. Renfro has worked for companies such as Exxon Company USA, Dean Witter Morgan Stanley, Shell Oil, and EnCap Investments. His blend of Wall Street and engineering experience has prepared him well to assume leadership of BRZL.

Scepter (PK) (USOTC:BRZL)
Historical Stock Chart
From Jul 2024 to Aug 2024 Click Here for more Scepter (PK) Charts.
Scepter (PK) (USOTC:BRZL)
Historical Stock Chart
From Aug 2023 to Aug 2024 Click Here for more Scepter (PK) Charts.