Breitling Oil and Gas Announces Spud of Breitling-Big Tex #2 in Gaines County, TX

IRVING, Texas, July 12, 2011 /PRNewswire/ -- Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced that it has spud the Breitling-Big Tex #2 on July 9, 2011 in Gaines County, Texas. The Breitling-Big Tex #2 is the second of three Big Tex prospect wells to be drilled. A completion rig is moving on location to complete the Big Tex #1 after it reached total vertical depth on July 6, 2011.

Just like the Big Tex #1, the Breitling-Big Tex #2 is a 9,000-foot vertical well within the established Tex-Pac Field and is targeting Lower Clearfork Dolomite beneath 8,500 feet. Secondary objectives include the San Andres, Yates, Glorieta and Abo formations.

Breitling's 3-Well Breitling-Big Tex Prospect was developed after a 75-square-mile 3D seismic shoot was reprocessed and interpreted in 2010. The quality of the new data set after it was re-imaged using Breitling's proprietary Geo3D technology identified features that were not noticeable when the shoot first occurred. In essence, the resultant seismic lines were much more detailed and refined, therefore capturing subsurface images not previously acknowledged.

Management anticipates the first well will reach total depth in about 20 days. Well completion and testing should begin during the first week of August.

Breitling Oil and Gas CEO Chris Faulkner stated, "We are excited to be drilling ahead of our original timelines." Faulkner added, "The Big Tex #1 looks promising and we expect the Big Tex #2 to be relatively the same as far as shows and the logs."

For more information on this and other activities of the Company, see the Breitling Oil and Gas website at http://www.breitlingoilandgas.com.

Breitling has current oil and gas exploration projects all over the United States.

About Breitling Oil and Gas Corporation

Breitling Oil and Gas was founded in October 2004 to apply state-of-the-art petroleum and natural gas exploration and extraction technology to the development of onshore oil and natural gas projects. Our focus areas include Texas, Oklahoma and Louisiana. Breitling offers oil and gas investment opportunities through direct participation programs and oil and gas investment joint ventures which enable investors to participate in the potential cash flow and unique tax benefits associated with oil and gas investments. Especially important in a downturned economy, oil and gas investments allow savvy investors to diversify and reinforce their investment portfolios with a stable commodity that is in steady demand.

Contact:
Jennifer Jones
Director of Public Relations
Breitling Oil and Gas Corporation
[email protected]
972-252-2490

This press release was issued through eReleases(R).  For more information, visit eReleases Press Release Distribution at http://www.ereleases.com.

SOURCE Breitling Oil and Gas Corporation

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