Brazos Gets Extension for Renfro Purchase

Brazos has obtained a one month extension to purchase Renfro Energy, LLC, a Dallas based independent oil company with significant oil and gas assets in Cameron Parish, Louisiana.

Although Closing was scheduled to occur on or before March 31, 2011, information gathering from Renfro Energy, LLC needed to perform an audit has taken longer than planned and the completion of such audit is not expected until sometime in April, 2011.