Breitling Energy Corp fka BECC

[FM II]

I am going to give them the benefit of the doubt and say they stumbled upon some bypassed pay in the Lauren that may have paid out, if they controlled their costs. Doesn't really explain why they participated in that Seely well.

I did get a chance to run down two of their Big Tex wells,:

42-165-37390-0000
42-165-37383-0000

No shot at paying out. Both are below commerical rates, 7 and 2 BOPD. One has produced 19 Mbbl in 4 1/2 years. The other has only produced for a few months at commercial rates and has made less than 3 MBbl in 4 1/2 years. Honestly, I think one could do better with a map and a dart and skip spending money on seismic.