Breitling Begins Re-Entry Work at Tx. Well

Breitling has begun the re-entry of the Breitling-Davenport #1 on April 10, 2011 in Guadalupe County, Texas. The well is a re-entry of a vertical well in the Austin Chalk formation. The company intends to re-complete in the Chalk as well as perforate and frac the Buda Lime and the Eagleford. Both zones were ignored in the original completion that occurred in November 1991. The well is expected to be completed within the next few weeks.

Chris Faulkner, CEO of Breitling Oil and Gas, said, "The original logs from 1991 show we have a great-looking virgin Eagleford zone as well as a nicely formed Buda zone." Faulkner added, "Back in 1991 no one knew how to complete and stimulate an Eagleford zone to unlock the hydrocarbons. However, we certainly do now."