"PSQLException: This ResultSet is closed." failure while initializing connection in JBoss EAP

Issue

Encountering ResultSet is closed while initializing connections

org.postgresql.util.PSQLException: This ResultSet is closed.
                at org.postgresql.jdbc2.AbstractJdbc2ResultSet.checkClosed(AbstractJdbc2ResultSet.java:2654)
                at org.postgresql.jdbc2.AbstractJdbc2ResultSet.setFetchSize(AbstractJdbc2ResultSet.java:1771)
                at org.postgresql.jdbc4.Jdbc4Statement.createResultSet(Jdbc4Statement.java:39)
                at org.postgresql.jdbc2.AbstractJdbc2Statement$StatementResultHandler.handleResultRows(AbstractJdbc2Statement.java:211)
                at org.postgresql.core.v3.QueryExecutorImpl.processResults(QueryExecutorImpl.java:1773)
                at org.postgresql.core.v3.QueryExecutorImpl.execute(QueryExecutorImpl.java:257)
                at org.postgresql.jdbc2.AbstractJdbc2Statement.execute(AbstractJdbc2Statement.java:512)
                at org.postgresql.jdbc2.AbstractJdbc2Statement.executeWithFlags(AbstractJdbc2Statement.java:374)
                at org.postgresql.jdbc2.AbstractJdbc2Connection.execSQLUpdate(AbstractJdbc2Connection.java:263)
                at org.postgresql.jdbc2.AbstractJdbc2Connection.getTransactionIsolation(AbstractJdbc2Connection.java:775)
                at org.jboss.jca.adapters.jdbc.BaseWrapperManagedConnection.<init>(BaseWrapperManagedConnection.java:197)
                at org.jboss.jca.adapters.jdbc.local.LocalManagedConnection.<init>(LocalManagedConnection.java:62)
                at org.jboss.jca.adapters.jdbc.local.LocalManagedConnectionFactory.createLocalManagedConnection(LocalManagedConnectionFactory.java:330)
                ...