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Oil and Gas Energy News Update

Friday, July 15, 2011

Devon Drills Well in Tx. Panhandle

- Devon Drills Well in Tx. Panhandle

Friday, July 15, 2011
Breitling O&G Corp.

Breitling O&G has spud the Breitling-Buffalo Run #1H on July 10, 2011 in Hemphill County, Texas.

The Breitling-Buffalo Run #1H is a 15,900-foot TMD well located in the prolific Buffalo Wallow field in the Texas Panhandle. The Breitling-Buffalo Run #1H is targeting the Granite Wash sections A through G.

Management anticipates the well will reach total depth in about 37 days. Well completion and testing should begin during the first week of September. The well is being operated by Devon Energy Corporation.

The company declined to disclose reserve potential or any further details regarding the prospect to the public.

Breitling Oil and Gas CEO Chris Faulkner stated, "We are excited to be participating with Devon Energy on the Buffalo Run well." Faulkner added, "The vertical wells in the Buffalo Wallow field have been great producers and we are excited to step out and drill a horizontal."

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