IRVING, Texas, March 22, 2012 /PRNewswire/ -- Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced that it has spud the Breitling-Warrior #1H on March 19, 2012 in Pottawatomie County, OK. The Breitling-Warrior #1H is the first exploratory well in a possible six horizontal well drilling program on Breitling's leased acreage.
The major objective in the Breitling-Warrior #1H is the Hunton Chimney Hill Limestone at 4000 feet, total vertical depth. Secondary objectives include the Woodford Shale at 3800 feet and the Earlsboro Sand at 3600 feet. This initial test well will be drilled horizontally in the Hunton Chimney Hill. The Breitling-Warrior #1H will have a total vertical depth of 4000 feet and a total measured depth of 6300 feet.
Regionally the Chimney Hill Limestone has produced since the 1920's. Overall, the Chimney Hill has been a marginal producer in vertical wells due to its physical characteristics. The Chimney Hill is comprised of basal oolites grading upward into fractured chert and dolomite. Modern day logs illustrate the interval as fractured rock holding resistive fluids within those fractures.
Management anticipates the well will reach total depth in about 17 days. Well completion and testing should begin during the last week of April.
Breitling Oil and Gas CEO Chris Faulkner stated, "New horizontal drilling techniques have allowed the Chimney Hill to become a profitable reservoir target since horizontal drilling allows the well bore to cross multiple fractures within the reservoir thereby increasing recoverable reserves." Faulkner added, "This play is heating up in the area and we are excited about our extensive acreage holdings."
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