Breitling Energy Corp fka BECC

[FM II]

The Seely Oil-Hankamer No. 1, 4235130907, was completed in January 2015. A fairly respectable 4 point test was filed. No production has ever been reported in the intervening year+. Last comment on the PI card is that they are waiting on stock tanks. That was in April 2015. It is possible that they were unable to find a gas purchaser. There is gas production in the area, but there may not be a gathering line close enough to warrant hooking up the well. Who knows? However, CF would have known the situation with the Hankamer at the time he wrote his now famous letter to loyal investors.