Breitling Oil and Gas Corporation has spud the Breitling-Black Bart #1H on February 28, 2012 in Grant County, Oklahoma. The Breitling-Black Bart #1H is the first horizontal Mississippi exploratory well in a possible ten well prospect on Breitling's leased acreage.
The Breitling-Black Bart #1H is a 9,800-foot total measured depth horizontal well targeting the Mississippi Chat and Mississippi Solid below 5,200 feet. Secondary objectives include the Verdigris Lime, Cherokee and Oswego formations.
Management anticipates the well will reach total depth in about 25 days. Well completion and testing should begin during the third week of April.
Breitling Oil and Gas CEO Chris Faulkner stated, "We have seen some good chat on the logs from surrounding production in the immediate area of our prospect." Faulkner added, "We feel confident we will find good porosity and hopefully find ourselves in the heart of the higher IP fairway."
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