Printer Friendly

United States : Breitling oil spuds Breitling-Brown Billy #3 well in live Oak county texas.

Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced today that it has spud the Breitling-Brown Billy #3 in Live Oak County, Texas as it continues to develop its Gulf Coast Onshore Initiative that began in May 2010.

The Breitling-Brown Billy #3 Prospect is expected to be drilled to 5,900 feet to test the Upper and Lower Yegua oil sands. The trapping structure is generally defined by subsurface well control with the interpretation and proposed location confirmed by integrating 3D Seismic from Breitling s shoot in 2011.

Management anticipates the well will reach total depth in about 6 days. Well completion and testing on the Breitling-Brown Billy #3 well should begin during the second week of October 2012.

Breitling Oil and Gas CEO Chris Faulkner stated, The Brown Billy prospect has proved fruitful for us and we are excited to continuing drill out our acreage. Faulkner added, We continue to drill up-dip to some very productive wells in the field.

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.

2012 Al Bawaba (Albawaba.com)

Provided by Syndigate.info an Albawaba.com company
COPYRIGHT 2012 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2012 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Mena Report
Geographic Code:1U7TX
Date:Sep 21, 2012
Words:305
Previous Article:United States : ADP Named to Forbes' List of World's Most Innovative Companies for Second Consecutive Year.
Next Article:United States : Xerox Awarded $72 Million Contract to Help Nevada Meet Federal Deadline for Health Insurance Exchange.
Topics:

Terms of use | Copyright © 2015 Farlex, Inc. | Feedback | For webmasters