Follow on Google News News By Tag * Oil And Gas * Oil And Gas Investments * Oil Exploration * Gas Securities * Oil And Gas Securities * Breitling Oil And Gas * More Tags... Industry News News By Place Country(s) Industry News
Follow on Google News | Breitling Oil and Gas Corporation Reaches Agreement to Acquire Southwest Energy ExplorationBreitling Oil and Gas Corporation, a growing oil and gas drilling and exploration company, is pleased to announce that it has in place a preliminary agreement for the purchase of Southwest Energy Exploration of Oklahoma City, OK.
By: Chris Faulkner The purchase includes all Southwest Energy Exploration property, equipment and leases of developable land in Oklahoma and Texas. Management, which has over 30 years experience in the industry, is contracted to remain with the business for a minimum of five years. Southwest Energy Exploration was started in 2004 and remains a local leader in oil and natural gas exploration within the State of Oklahoma. Chris Faulkner, CEO of Breitling, commented, "We are excited to bring Southwest Energy Exploration on board and look forward to its quick integration into the Breitling family of companies.” Additionally, Parker Hallam, COO of Breitling was quoted as saying, “We look forward to a very healthy and productive 2010 and continuing to grow our business units and revenue while satisfying both our clients and shareholders alike." --About Breitling Oil and Gas Corporation-- Breitling Oil and Gas was founded in April 2003 to apply state-of-the- --About Southwest Energy Exploration-- Southwest Energy Exploration is an Oklahoma-based oil and gas exploration, development and production company with current operations throughout Oklahoma. Founded in 2004, the experienced management team has aggressively sought to acquire select properties within Oklahoma which provides immediate positive cash flow and development opportunities for future years. # # # Breitling Oil and Gas was founded in April 2003 to apply state-of-the- End
Account Email Address Disclaimer Report Abuse
|
|