Breitling enters North Dakota's Bakken oil formation

Irving, Tex., independent Breitling Oil & Gas Corp. acquired a nonoperated acreage position in Sand Creek field within the Bakken formation in McKenzie County, ND.

Plans call for Breitling to participate in six Bakken and Three Forks wells during 24-36 months on acreage acquired through a joint venture. The operator will be Denbury Resources Inc.

Chris Faulkner, Breitling chief executive officer, said he believes the Bakken and Three Forks “will be a major focus of Breitling's future exploration and production activities.”

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