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Breitling Energy Corporation

23 articles mentioning Breitling Energy Corporation · Page 1 of 2

Christopher Faulkner, Ex-CEO of Breitling Energy, Pleads Guilty in $80M Fraud

Christopher Faulkner, Ex-CEO of Breitling Energy, Pleads Guilty in $80M Fraud

Christopher Faulkner, the ex-CEO of Breitling Energy Corp., has pleaded guilty to fraud and agreed to settle with the SEC for $24 million. He was arrested on fraud charges back in June 2018, nearly two years...

Former Oil Exec, Breitling CEO Faulkner Arrested on Fraud Charges

Former Oil Exec, Breitling CEO Faulkner Arrested on Fraud Charges

Former Breitling Energy CEO Chris Faulkner has been arrested on fraud charges relating to defrauding investors to the tune of $80 million, according to multiple reports. This development comes nearly two years to the day after...

SEC Goes After Breitling CEO; Alleges Faulkner Misappropriated Funds

SEC Goes After Breitling CEO; Alleges Faulkner Misappropriated Funds

The SEC is going after Breitling Energy CEO Chris Faulkner, alleging that he used investor cash to fund his personal expenses, according to multiple reports.

Breitling Energy Makes Addition to Board of Directors

Breitling Energy Makes Addition to Board of Directors

Breitling Energy Corporation announces the appointment of Cesar A. Baez to the Board of Directors, effective immediately.

Breitling Initiates Drilling at Well Targeting Cline, Wolfcamp

Breitling Initiates Drilling at Well Targeting Cline, Wolfcamp

The Company is still on track to drill eight wells on its Permian Basin lease to earnnout the total acreage under the Farmout Agreement.

Breitling Plans 14-Well Drilling Program in the Permian

Breitling Plans 14-Well Drilling Program in the Permian

The prospects, which target oil with associated gas, are located on the eastern shelf in the upper Permian Basin.

Breitling Begins Frac Ops at Well Targeting the Cline

Breitling Begins Frac Ops at Well Targeting the Cline

Fracking crews began setting up Tuesday; the lower two zones were fracked Wednesday, with the upper two zones being completed today.

Breitling to Begin Fraccing Lower Wolfcamp

Breitling to Begin Fraccing Lower Wolfcamp

Fracking operations on the Breitling Energy Hoppe #1 will commence June 3, 2015.

Breitling Spuds Well Targeting Wolfcamp Formation

Breitling Spuds Well Targeting Wolfcamp Formation

Breitling Energy Corporation announces the start of the drilling phase of the Steller Energy Cole #1 in northwestern Sterling County, Texas.

Breitling, Patriot Energy Form Strategic Partnership

Breitling, Patriot Energy Form Strategic Partnership

Breitling Energy Corporation announces a new strategic relationship with Patriot Energy, Inc. of Dallas, Texas to expand Breitling Energy's Asset Management division.

Breitling Preps to Frac Two Wolfcamp, Cline Wells

Breitling Preps to Frac Two Wolfcamp, Cline Wells

The Hoppe "63" #1 will be fracked between the depths of 8,494 feet at the deepest, up to 5,568 feet.

Breitling Spuds Third Well on Permian Basin Lease

Breitling Spuds Third Well on Permian Basin Lease

The Company plans to drill a total of eight wells on its Permian Basin lease to earnout the total acreage under the Farmout Agreement.

Breitling to Participate in Wilcox Sands Project

Breitling to Participate in Wilcox Sands Project

FDEC is currently coordinating perforating and flow back operations. The building of surface facilities should begin in January 2015.

Breitling Makes Appointment to Board of Directors

Breitling Makes Appointment to Board of Directors

Trenton K. Thornock is Senior Vice President and Chief Financial Officer for Scientific Drilling International, Inc.

Breitling Brings On New Executive VP of Strategic Development

Breitling Brings On New Executive VP of Strategic Development

David J. Kovacs has joined the management team as Executive Vice President of Strategic Development.

Breitling Maintains Permian Ops; Hits Snag in the MissLime

Breitling Maintains Permian Ops; Hits Snag in the MissLime

Sales of oil & natural gas increased by more than 60% year-over-year as Permian Basin and Kansas wells went online.

Breitling Preps for Five-Stage Frac at Multi-Play Permian Well

Breitling Preps for Five-Stage Frac at Multi-Play Permian Well

Breitling Energy Corporation continues moving forward with the upcoming completion of its second Permian Basin well.

Breitling Updates Ops at Several Permian Basin Wells

Breitling Updates Ops at Several Permian Basin Wells

Breitling Energy Corporation announces the second well under its Farmout Agreement in Sterling County Texas, reached an approximate total depth of 9,000 feet today.

Breitling Completes MissLime Well with Seven-Stage Frac

Breitling Completes MissLime Well with Seven-Stage Frac

The Company is moving in surface equipment and hopes to be in full production in 3rd Quarter 2014.

Breitling Flow Tests Well from the Wolfcamp; Talks Future Plans

Breitling Flow Tests Well from the Wolfcamp; Talks Future Plans

The Company plans to spud its second well in the program on or about September 15, 2014.