Texas oil well spud announced by Breitling Oil and Gas

Source: Breitling Oil and Gas Corporation

Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced that it has spud the Breitling-Teal #1 on April 6, 2012 in Victoria County, Texas.

The Breitling-Teal #1 is the first vertical well in Breitling's Teal Frio Sand development prospect. The Teal Prospect is a 5,200 foot vertical test well. The potential exists for Breitling Oil and Gas to drill up to 3 additional wells through the oil-bearing Frio sand sections.

Management anticipates the well will reach total measured depth in about 8 days. Completion operations should occur the last week of May 2012.

Breitling Oil and Gas CEO Chris Faulkner stated, "We have learned a lot from studying the results from our vertical Cottage Grove wells in the past." Faulkner added, "Our early results indicated fracture growth through barriers and also tip screenout which provided a basis for changes in sand scheduling during treatment and in our design of frack treatments which we will begin using in this well."

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