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Breitling Plans 14-Well Drilling Program in the Permian

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Breitling Plans 14-Well Drilling Program in the Permian

Breitling Energy Corporation announces a new non-operated 35-percent participation in a 14-well developmental drilling program in West Texas, with the first spudding tomorrow.

Phase One has seven wells planned; six in Kent County and one in Knox County.  The total acreage is approximately 8,500 non-contiguous acres between the two counties, leased throughout the past two years.

The prospects, which target oil with associated gas, are located on the eastern shelf in the upper Permian Basin, in a proven area with a long history of successful production.  The major payzones between the 14 wells could include the Ellenburger, Mississippian, Bend Conglomerate, Strawn Sand, Frye Sand, and the Tannehill formations.  Subsurface mapping, seismic and geochemical analysis were used to pinpoint the…

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