IRVING, Texas, June 30 /PRNewswire/ -- Breitling Oil and Gas Corporation announced today that drilling has begun on the Trinity #1, the first of 3 wells in its Trinity oil and natural gas prospect. The Trinity #1 is located in Okfuskee County, Oklahoma. The initial well is being drilled to a depth of approximately 3700 feet and should achieve total depth by July 15, 2010.
The Trinity #1 prospect is a relatively low-cost opportunity to test multiple oil sands that have proven highly prolific in surrounding fields. A single 3,700' well will test the primary objectives: the Wilcox at 3,650' and the Lower Gilcrease at 2,725'. Strong secondary objectives are the Hunton at 3,720', the Cromwell at 2,900', Union Valley at 2,800', the Upper Gilcrease at 2,500' the Booch at 2,300', the Bartlesville at 1,900' and the Croweberg at 1,100'.
"We are thrilled to have lots of running room on this acreage position combined with great geological and geophysical data," said CEO Chris Faulkner.
Potential reserves for the Trinity #1 are estimated at 1,500,000 BO and 400,000 MCFG. A successful well on the Trinity #1 undrilled structural features could easily lead to the drilling of 4 to 6 additional oil wells on the acreage block.
For more information on this and other activities of the Company, see the Breitling Oil and Gas web site at http://www.breitlingoilandgas.com
Breitling has current oil and gas exploration projects all over the United States.
About Breitling Oil and Gas
Dallas-based Breitling Oil and Gas Corporation is an experienced independent oil and gas exploration and production company. Breitling has thrived for over 5 years by leveraging teams of industry experts and creating opportunities for oil and gas investors. With veteran employees and long-term industry relationships, Breitling is uniquely positioned to have the advantage in developing high-quality prospects.
Breitling Oil and Gas
SOURCE Breitling Oil and Gas Corporation