Exploration & Production | Quarterly / Earnings Reports | Production | Third Quarter (3Q) Update | Key Wells
Breitling Maintains Permian Ops; Hits Snag in the MissLime
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Breitling Energy Corporation reported its results for the third quarter ended September 30, 2014.
Third quarter 2014 highlights include: Total revenue from all sources increased by more than 55% over 2013 Sales of oil & natural gas increased by more than 60% year-over-year as Permian Basin and Kansas wells went online Drilling was completed on our second Sterling County well and it is currently awaiting completionChris Faulkner, Chairman, President and Chief Executive Officer of Breitling Energy, commented: "Breitling’s Asset Management business produced solid revenue results again this quarter, and it is positioned to continue to grow and generate value in most economic cycles. Both components of this business are fundamentally sound, and the supply of, and demand for, royalty…
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