Breitling Energy Corp fka BECC

[FM II]

Sometimes, I simply take BECC's word:

Unlike the traditional exploration and production operating model, the Company diversifies its risk through a process of selling working interests in its wells. This model recovers the Company’s investment capital, and increases cash flow and reserves through management fees, performance fees and a carried interest. In a climate of price uncertainty, this zero-debt, reduced-risk strategy has enabled the Company to look forward into 2015 without adjusting or reducing its planned development strategy.

http://www.businesswire.com/news/home/20141203006294/en/Breitling-Energy-Announces-Asset-Management-Division