Categories: Money & The Economy

Breitling Oil and Gas Announces Exploration in Louisiana

IRVING, Texas, June 14, 2011 — Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced that it has spud the Breitling-Sandy Run #1 prospect in St. Helena Parish, Louisiana on June 12, 2011.

The Breitling-Sandy Run #1 is a 3800′ well and is targeting Miocene Sands which showed seismic amplitude anomalies on a recently acquired 3D data set.

The Sandy Run Prospect is regionally located on the Gulf Coastal Plain with structural dip predominantly in a south to southwest direction. Sandy Run is on strike with numerous Frio gas fields found to the northwest in Amite Co., Mississippi. These Frio fields were found using seismic that identified the reservoirs by a similar amplitude anomaly.

Breitling Oil and Gas expects to recover reserves of 6 to 9 BCF of natural gas.

Management anticipates the well will reach total depth in about 7 days. Well completion and testing should begin during the first week of July.

Breitling Oil and Gas CEO Chris Faulkner stated, “I am pretty bullish on natural gas pricing over the next 18 months so it’s the perfect time to drill the Breitling Sandy Run.” Faulkner added, “We have great well control and 3D over the prospect and the reserves could be sizeable.”

An additional 3 wells can be drilled if commercial production is found in the initial test well. Breitling has current oil and gas exploration projects all over the United States.

For more information on this and other activities of the Company, see the Breitling Oil and Gas website at https://www.breitlingoilandgas.com.

Breitling has current oil and gas exploration projects all over the United States.

 

Rich Mitchell

Rich Mitchell is the editor-in-chief of Conservative Daily News and the president of Bald Eagle Media, LLC. His posts may contain opinions that are his own and are not necessarily shared by Bald Eagle Media, CDN, staff or .. much of anyone else. Find him on twitter, facebook and GETTR

Share
Published by
Rich Mitchell

Recent Posts

I’m Reevaluating My Retirement Plan; What are my Options?

Dear Rusty: I am 69 1/2 years old now and applied for Social Security at the…

8 hours ago

Attorney General Todd Blanche Pushes Back On ABC News Host Martha Raddatz’s ‘Extraordinarily Disingenuous’ Comments About Press Freedom Under Trump

Attorney General Todd Blanche defended President Donald Trump’s recent access restrictions on certain media outlets…

8 hours ago

China’s Wreaking Havoc On America’s Jet Engine Supply Chain

America’s aerospace industry is dusting off decades-old technology to protect critical components in jet engines.…

9 hours ago

No Means No

St. Paul Police Chief Axel Henry is suing Democratic Mayor Kaohly Her, alleging she sexually…

9 hours ago

Has World War 3’s Prelude Arrived?

A growing collection of wars and military flashpoints involving several nuclear powers is raising concerns…

9 hours ago

This Little-Known Meeting Could Rapidly Expand Supreme Court’s 2A Docket

A meeting involving all nine justices of the Supreme Court could expand the court’s Second…

9 hours ago