Breitling Oil and Gas Corp. Readies 2009 Drilling Plan for BREITLING-STAR #1 Project
Dallas, TX, October 16, 2009 --(PR.com)-- Breitling Oil and Gas Corp. plans to spud the BREITLING-STAR #1, its first well in its Hardeman Basin project, in the fourth quarter of 2009.
Breitling presently owns a 25% working interest in approximately 850 acres onshore in Hardeman County, Texas. This leasehold position consists of multiple separate target areas that have been selected for exploration with the first being the BREITLING-STAR #1 project. The acreage may to be prospective for both oil and conventional gas production, the company reports.
The company reports that is currently preparing to close the final investor funding for the project and late December 2009 is the earliest window during which Breitling can efficiently drill, complete and test the BREITLING-STAR #1 well while maintaining a tight control on project costs. “We are extremely excited with the seismic interpretation from our geologist; the leasehold appears to have some great target areas for us,” says Christopher Faulkner, Chief Executive Officer for Breitling.
In preparation for drilling the BREITLING-STAR #1 well, Breitling has identified a drilling rig, surveyed the proposed well location, completed the initial site permitting phase of the project, and secured all bonds required for drilling within Texas and secured James Smith & Associates as the drilling operator. Construction of the BREITLING-STAR #1 well pad and access road is expected to be completed in early December.
Breitling has current oil and gas exploration projects all over the United States.
-About Breitling—
Dallas-based Breitling Oil and Gas Corporation is an experienced independent oil and gas exploration and production company. Breitling has thrived for over 5 years by leveraging teams of industry experts and creating opportunities for oil and gas investors. With veteran employees and long term industry relationships, Breitling is uniquely positioned to have the advantage in developing high quality prospects.
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For media inquiries please contact:
Christopher Faulkner
Chief Executive Officer
Breitling Oil and Gas Corporation
2300 Valley View Lane #334
Irving, TX 75062
chris@breitlingoilandgasc.om
972-252-2490
Breitling presently owns a 25% working interest in approximately 850 acres onshore in Hardeman County, Texas. This leasehold position consists of multiple separate target areas that have been selected for exploration with the first being the BREITLING-STAR #1 project. The acreage may to be prospective for both oil and conventional gas production, the company reports.
The company reports that is currently preparing to close the final investor funding for the project and late December 2009 is the earliest window during which Breitling can efficiently drill, complete and test the BREITLING-STAR #1 well while maintaining a tight control on project costs. “We are extremely excited with the seismic interpretation from our geologist; the leasehold appears to have some great target areas for us,” says Christopher Faulkner, Chief Executive Officer for Breitling.
In preparation for drilling the BREITLING-STAR #1 well, Breitling has identified a drilling rig, surveyed the proposed well location, completed the initial site permitting phase of the project, and secured all bonds required for drilling within Texas and secured James Smith & Associates as the drilling operator. Construction of the BREITLING-STAR #1 well pad and access road is expected to be completed in early December.
Breitling has current oil and gas exploration projects all over the United States.
-About Breitling—
Dallas-based Breitling Oil and Gas Corporation is an experienced independent oil and gas exploration and production company. Breitling has thrived for over 5 years by leveraging teams of industry experts and creating opportunities for oil and gas investors. With veteran employees and long term industry relationships, Breitling is uniquely positioned to have the advantage in developing high quality prospects.
###
For media inquiries please contact:
Christopher Faulkner
Chief Executive Officer
Breitling Oil and Gas Corporation
2300 Valley View Lane #334
Irving, TX 75062
chris@breitlingoilandgasc.om
972-252-2490
Contact
Breitling Oil and Gas
Chris Faulkner
972-252-2490
www.breitlingoilandgas.com
Chris Faulkner
972-252-2490
www.breitlingoilandgas.com
Contact
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