Breitling acquires royalty property with 900 wells

Breitling Energy Corp.

Breitling Energy Corp. (OTC:BECC) has acquired a package of overriding royalty interests in approximately 4,281 acres in West Virginia, Wyoming, Colorado, North Dakota, Montana, and Texas, with 900 wells producing approximately $71,000 a month.

Chris Faulkner, Breitling Energy CEO, stated, "Purchasing overrides in these wells gives Breitling Energy long-life potential income with new well upside with no exposure to the drilling cost.”

 

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