Breitling Oil and Gas Announces Spud of Breitling-Helm #1

Irving, TX, December 16, 2010 --(PR.com)-- Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced today that it has spud the Breitling-Helm #1 in Bee County, Texas.

The proposed well is located within a 210 acre anticlinal closure mapped at the Pettus, Hockley and Yegua sands above an estimated total vertical depth of 3,800 feet. “The Breitling Helm #1 is in the heart of the rich Pettus oil trend in Bee County and based on good surrounding logs we feel the anticlinal closure exists within our acreage position,” said Joe Simo, Chief Geologist for Breitling Oil and Gas.

Management anticipates the well will reach total depth in about 5 days. Well completion and testing should begin during the last week of December.

Breitling Oil and Gas CEO Chris Faulkner stated, “Using modern-day technology and from re-interpreting scout tickets and the sample log descriptions we feel we have a paleohigh east of known good producers in the field.” Faulkner added, “Just 10 feet of the Pettus oil sand on our acreage could produce north of 700,000 barrels of oil over the life of this well.”

An additional 4 wells can be drilled if commercial production is found in the initial test well.

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

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