The company said that the drilling program was able to re-open Well #6 and discovered a considerable amount of free oil and oil pressure build-up.

The company plans to utilize modern oil stimulation techniques, which will enhance the production rate of Well #6 once in full production, according to the company.

The field operator, Whitt Oil and Gas, will complete the final stage of drilling and completion phase and start production testing of Well #6 later this week.

The well also has Tannehill, Cisco, Cook and Palo Pinto oil and gas formations, which the company plans to develop in the future.

Breezer Ventures has 10 existing oil and gas wells that are currently in for rehabilitation and reactivation on the Jackson Lease, which contains 870 acres, and is situated on the western side of the Bend Arch in the Fort Worth Basin.