Breitling Oil and Gas Announces Spud of Breitling-Buffalo Run #1H in Hemphill County, TX
IRVING, Texas, July 15, 2011 /PRNewswire/ -- Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced that it has spud the Breitling-Buffalo Run #1H on July 10, 2011 in Hemphill County, Texas.
The Breitling-Buffalo Run #1H is a 15,900-foot TMD well located in the prolific Buffalo Wallow field in the Texas Panhandle. The Breitling-Buffalo Run #1H is targeting the Granite Wash sections A through G.
Management anticipates the well will reach total depth in about 37 days. Well completion and testing should begin during the first week of September. The well is being operated by Devon Energy Corporation.
The company declined to disclose reserve potential or any further details regarding the prospect to the public.
Breitling Oil and Gas CEO Chris Faulkner stated, "We are excited to be participating with Devon Energy on the Buffalo Run well." Faulkner added, "The vertical wells in the Buffalo Wallow field have been great producers and we are excited to step out and drill a horizontal."
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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