IRVING, Texas, Nov. 25, 2011 /PRNewswire/ -- Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced that the Breitling-Butterwash #1 is being completed as a possible oil and gas producer after reaching a total vertical depth of 3,500 feet in Murray County, Oklahoma.
The Breitling-Butterwash #1 was the first well in Breitling's Butterwash Paul's Valley Uplift prospect. The well was located on the Richardson anticline in south-central Oklahoma. The Breitling-Butterwash #1 targeted the Simpson Sands including the Basal Oil Sandstone.
Breitling Oil and Gas CEO Chris Faulkner stated, "We are very optimistic in the commercial productivity of this well."
Further details on the completion operations were held confidential and not released by the Company.
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.
Director of Public Relations
Breitling Oil and Gas Corporation
SOURCE Breitling Oil and Gas Corporation