Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced that it has spud the Breitling-Wild Rose #1 on October 21, 2012 in Carter County, Oklahoma. The Breitling-Wild Rose #1 is the first vertical Viola exploratory well in a possible 4 well prospect on Breitling’s leased acreage.
The Breitling-Wild Rose #1 is a 11,500-foot test well targeting the Viola Limestone 11,000 feet. Secondary objectives include the Verdigris Woodford, Hunton, Deese and Sycamore formations.
Management anticipates the well will reach total depth in about 26 days. Well completion and testing should begin during the first week of December.
Breitling Oil and Gas CEO Chris Faulkner stated, “We have good surrounding production from the Viola in the area and we are confident we have a good acreage position here in Carter county.”
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.