Breitling Energy to Deliver Presentation Focusing on 'China's Unconventional Gas Resources' at International Petroleum Week 2014
DALLAS, Feb. 18, 2014 /PRNewswire/ -- Breitling Energy Corporation (OTC: BECC) (the "Company"), an independent exploration and production company based in Dallas, Texas, will present at International Petroleum Week 2014 in London, United Kingdom. The conference will take place February 17 – 20, 2014 at the Intercontinental Park Lane Hotel.
The presentation, entitled "China's Unconventional Gas Resources," will be delivered by Breitling's chief executive officer, Chris Faulkner, and will be presented at 10:00am GMT on Day Two. Following the presentation, Mr. Faulkner will also participate on a panel to discuss "Forecasting Asia's gas demand to 2030."
Chris Faulkner, Breitling Energy CEO, said, "China is definitely at a major cross-road with its development of its domestic shale gas resources." Faulkner added, "Our U.S. experience can definitely shorten the learning curve there but China has to properly prioritize shale gas development versus coal bed methane in the capital expenditure chain or there is no hope in meeting Beijing's 2015 and 2020 production targets."
Mr. Faulkner serves as an advisor to the ECF Asia Shale Committee and sits on the Board of Directors for the North Texas Commission. He has been featured in numerous media outlets, including Reuters, Bloomberg, Financial Times, US News & World Report, FOX Business News and CNBC.
For more information, visit www.breitlingenergy.com
ABOUT BREITLING ENERGY
Breitling Energy Corporation is an oil and gas exploration and production company that acquires and develops lower-risk onshore oil and gas working interests and royalty interests in proven basins in the United States, such as the Bakken / Three Forks Sanish formations located in North Dakota and the Mississippi Lime and Hunton / Woodford / Cleveland formations located in Oklahoma and Kansas.
Certain statements in this news release regarding future expectations, access to public capital markets, plans for acquisitions and dispositions, oil and gas reserves, exploration, development, production and pricing may be regarded as "forward-looking statements" within the meaning of the Securities Litigation Reform Act. They are subject to various risks, such as operating hazards, drilling risks, the inherent uncertainties in interpreting engineering data relating to underground accumulations of oil and gas, as well as other risks discussed in detail in the Company's periodic reports and other documents filed with the SEC. Actual results may vary materially.
Any number of factors could cause actual results to differ materially from those in the forward-looking statements, including, but not limited to, the volatility of oil and gas prices, the costs and results of drilling and operations, the timing of production, mechanical and other inherent risks associated with oil and gas production, weather, the availability of drilling equipment, changes in interest rates, litigation, uncertainties about reserve estimates, environmental risks and other risks and uncertainties set forth in Company's periodic reports and other documents filed with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statements.
CONTACT: Traci Dakins, Stephenson Group, 253.306.4006
INVESTOR RELATIONS CONTACT: Gilbert Steedley, Breitling Energy, 214.716.2060
SOURCE Breitling Energy
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SOURCE Breitling Energy Corporation