Breitling Spuds Well in Tx.

Breitling has spud the Breitling-Turner #2 in Hardeman County, Texas. The Prospect was delineated using geological and geophysical techniques and data gained from the drilling of the Breitling-Turner #1. Three lines of 2-D seismic were purchased over the Turner area, reprocessed, interpreted and integrated with existing well control.

The wells are located within a 640-acre closure mapped at the Holmes Sand and the Mississippian Chappel dolomite formations above an estimated total vertical depth of 7,600 feet. The Holmes is a high-quality sand reservoir encased in hydrocarbon-rich Barnett shale, similar to the Bakken shale in North Dakota.

"This is a planned offset to the successful Turner #1 which Breitling drilled 3 months ago," said Joe Simo, Chief Geologist for Breitling Oil and Gas.

Management anticipates the well will reach total depth in about 33 days. Well completion and testing could begin as early as the second week of August 2011.

Breitling Oil and Gas CEO Chris Faulkner stated, "We have drilled some extremely successful wells in Hardeman County this year and look forward to completing the Breitling-Turner #2." Faulkner added, "We feel confident in our sub-surface mapping and have learned a lot about the area from the drilling of the Breitling-Turner #1."