DALLAS, Dec. 5, 2013 /PRNewswire/ -- Breitling Oil and Gas, an independent exploration and production company based in Dallas, Texas, will present at the 4th Basra International Oil and Gas Conference and Exhibition held between December 6 and December 7, 2013 at the Basra International Fairground in Basra, Iraq.
The 17-minute presentation entitled "U.S. Energy Renaissance Shifts Power Away from the Middle East" will be delivered by Breitling's chief executive officer Chris Faulkner and will occur on day one to an expected delegation of 18,000 participants.
Chris Faulkner, Breitling Oil and Gas CEO, said, "Iraq has the fifth largest proven crude oil reserves in the world and due to U.S. sanctions, it passed Iran as the second largest producer of crude oil in OPEC at the end of 2012." Faulkner added, "This is an important time for Kurdish gas in Iraq and the presumable export road would be Europe via Turkey by using the southern energy corridor and as production costs in the Caspian Sea Basin still remain high compared to costs in the Middle East, this would create the perfect chance for European consumers to multiply suppliers."
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 on this and other activities of the Company, see the Breitling Energy website at http://www.breitlingoilandgas.com.
About Breitling Oil and Gas
Breitling Oil and Gas is a Dallas, Texas based independent exploration and production company with proved reserves throughout most major basins in North America. The Company is engaged in the acquisition, development and production of crude oil, natural gas and natural gas liquids, primarily in the states of Texas, Oklahoma, Kansas and North Dakota.
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Breitling Oil and Gas Corporation
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