Breitling Oil and Gas Announces Spud of Breitling-Black Bart #1H in Grant County, OK
IRVING, Texas, March 2, 2012 /PRNewswire/ -- Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced that it has spud the Breitling-Black Bart #1H on February 28, 2012 in Grant County, Oklahoma. The Breitling-Black Bart #1H is the first horizontal Mississippi exploratory well in a possible ten well prospect on Breitling's leased acreage.
The Breitling-Black Bart #1H is a 9,800-foot total measured depth horizontal well targeting the Mississippi Chat and Mississippi Solid below 5,200 feet. Secondary objectives include the Verdigris Lime, Cherokee and Oswego formations.
Management anticipates the well will reach total depth in about 25 days. Well completion and testing should begin during the third week of April.
Breitling Oil and Gas CEO Chris Faulkner stated, "We have seen some good chat on the logs from surrounding production in the immediate area of our prospect." Faulkner added, "We feel confident we will find good porosity and hopefully find ourselves in the heart of the higher IP fairway."
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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