Breitling Energy Corporation announces drilling operations on its fourth well under the previously announced Farmout Agreement in the Permian Basin of West Texas. The Sellers '60' #1 spud on September 21, 2015 and is currently drilling through approximately 3,000 feet. The well is targeting a total depth of approximately 9,000 vertical feet in early October under normal field operations.
The Company anticipates intersecting similar pay zones as its other three wells on the acreage: the #1 Hoppe '63', the Parramore #1 and the Sellers '66' #1, all of which were drilled to a similar depth in 2014 and early 2015. Potential pay zones anticipated include the Albaugh and Middle Wolfcamp, Triple M Credo, Cisco sands, Strawn Lime and the Cline shale.