Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced that it has spud the Breitling-Woodring #1 on September 18, 2011 in Garfield, Oklahoma. The Breitling-Woodring #1 is the first exploratory well in a possible 3 well prospect on Breitling’s leased acreage.
The Breitling-Woodring #1 is a 6,800-foot vertical well targeting the Misener Sand below 6,700 feet. Secondary objectives include the Big Lime, Oswego Lime, Verdigris Lime, Skinner, Redfork, Pink Lime, Bartlesville, Inola, Chester Meremac, Mississippian, Woodford, Hunton, Sylvan and Viola formations.
Breitling Oil and Gas plans to test the Mississippian Lime in the Woodring #1 for possible future horizontal wells targeting the formation. Management anticipates the well will reach total depth in about 14 days. Well completion and testing should begin during the second week of October.
Breitling Oil and Gas CEO Chris Faulkner stated, “We are excited about all of the serendipity we have in the Breitling Woodring” Faulkner added, “Taking the Mississippian sideways looks to be a promising opportunity on this acreage.”
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.