Archive for April, 2011
Breitling Oil and Gas Continues Developing Its Gulf Coast Onshore Acreage
Breitling Oil and Gas Continues Developing Its Gulf Coast Onshore Acreage
Irving, TX, April 29, 2011 - Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced that it has spud the Breitling-Salsa #1 in San Patricio County, Texas as it continues to develop its “Gulf Coast Onshore Initiative” that began in May 2010.
The Breitling-Salsa #1 Prospect is expected to be drilled to 4800 feet to test Upper Frio-aged oil and gas sands. The drill site is near two fields that together have produced 210 million BO and 314 BCF. The prospect is targeting stacked Frio objectives in a four-way closure (anticline) updip to oil production in the Plymouth Field (125 million BO and 134 BCF). The primary objectives of the Breitling-Salsa Prospect are 3 proven productive zones in the Greta Stringer formation and 2 zones in the Greta Massive formation. The anticlinal structure is generally defined by subsurface well control with the interpretation and proposed location confirmed by integrating 3D Seismic.
Management anticipates the well will reach total depth in about 8 days. Well completion and testing on the Breitling-Salsa #1 well should begin during the third week of May 2011.
Breitling Oil and Gas CEO Chris Faulkner stated, “You have huge surrounding production from the Frio, Miocene and Vicksburg-aged sandstone reservoirs in this area.” Faulkner added, “The Breitling-Salsa has great potential to IP above 200 barrels of oil per day and show us cumulative production above 700,000 barrels.”
For more information on this and other activities of the Company, see the Breitling Oil and Gas website at http://www.breitlingoilandgas.com
Breitling has current oil and gas exploration projects all over the United States.
About Breitling Oil and Gas
Breitling Oil and Gas was founded in October 2004 to apply state-of-the-art petroleum and natural gas exploration and extraction technology to the development of onshore oil and natural gas projects. Our focus areas include Texas, Oklahoma and Louisiana. Breitling offers oil and gas investment opportunities through direct participation programs and oil and gas investment joint ventures which enable investors to participate in the potential cash flow and unique tax benefits associated with oil and gas investments. Especially important in a downturned economy, oil and gas investments allow savvy investors to diversify and reinforce their investment portfolios with a stable commodity that is in steady demand.
For More Information Contact
Jennifer Jones
Director of Public Relations
Breitling Oil and Gas Corporation
972-252-2490
www.breitlingoilandgas.com
jennifer@breitlingoilandgas.com
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OSHA will hold expert forum to identify regulatory options for protecting workers from combustible dust hazards
April 28, 2011
Contact: Office of Communications
Phone: 202-693-1999
OSHA will hold expert forum to identify regulatory options for
protecting workers from combustible dust hazards
WASHINGTON – Since 1980, nearly 150 workers have been killed and more than 850 injured in combustible dust explosions. To explore methods for preventing such explosions, the Occupational Safety and Health Administration invited outside experts to participate in a Combustible Dust Expert Forum May 13, 2011. OSHA will gather experts’ views on possible regulatory options for addressing combustible dust hazards.
Discussions will include identifying regulatory options that can minimize the costs to small- and medium-sized businesses of reducing or preventing combustible dust hazards, while protecting workers from these hazards. Representatives from various industries, academia, research groups, insurance-underwriter organizations, labor, and government will comprise expert representation.
OSHA’s earlier efforts to address combustible dust hazards included a National Emphasis Program in 2007 that targeted inspection efforts on facilities that create or handle combustible dusts. Results from these inspections indicated that facilities had unusually high numbers of general duty clause violations, indicating a strong need for a combustible dust standard. This effort was followed by publication of an Advance Notice of Proposed Rulemaking in 2009, from which the agency received more than 100 comments. Additionally, OSHA held six stakeholders meetings and conducted a Web chat on combustible dust to expand the opportunity for public and stakeholder participation. The agency recognizes the importance of considering options for addressing combustible dust hazards, particularly as they may affect small facilities, in preparation for convening a Small Business Regulatory Enforcement Fairness Act panel.
Combustible dusts include fine particles, fibers, chips, chunks or flakes that, under certain conditions, can cause a fire or explosion when suspended in air. Types of dusts include metal (for example, aluminum and magnesium), wood, plastic, rubber, coal, flour, sugar and paper, among others. Visit OSHA’s Safety and Health Topics page on Combustible Dust to learn more about this dangerous hazard.
The forum will be held at 9 a.m. at the Department of Labor, 200 Constitution Ave., N.W., Washington, D.C. There will be limited space available for non-participating observers, so OSHA asks that only one representative from interested organizations register as an observer. To register as a non-participating observer, contact Bill Hamilton at 202-693-2077 by May 6, 2011. A summary of the forum will be available soon after the meeting on OSHA’s Combustible Dust Web page.
General inquiries should be directed to Mat Chibbaro, Office of Safety Systems, at 202-693-2382. Media inquiries should be directed to Earl Hicks, Office of Communications, at 202-693-1999.
Under the Occupational Safety and Health Act of 1970, employers are responsible for providing safe and healthful workplaces for their employees. OSHA’s role is to assure these conditions for America’s working men and women by setting and enforcing standards, and providing training, education and assistance. For more information, visit http://www.osha.gov.
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U.S. Labor Department news releases are accessible on the Internet at www.dol.gov. The information in this release will be made available in alternative format upon request (large print, Braille, audiotape or disc) from the Central Office for Assistive Services and Technology. Please specify which news release when placing your request. Call 202-693-7828 or TTY 202-693-7755.
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Record Natural Gas Demand in 2010 Boosts Outlook for Robust Growth Through 2020
Record Natural Gas Demand in 2010 Boosts Outlook for Robust Growth Through 2020
Chicago, IL, April 29, 2011 - According to the U.S. Department of Energy (DOE) Energy Information Administration, the total of more than 22.1 trillion cubic feet of natural gas demand in 2010 was the highest-ever level in the U.S.—exceeding the previous high point established in 2000 by more than 10 percent.
With 2010 setting new records for natural gas demand, Gas Technology Institute (GTI)—an independent, not-for-profit R&D organization serving the natural gas industry—sees the coming decade as a period of continued robust growth.
“The economic and clean energy benefits of natural gas are helping to drive market demand,” says David Carroll, president and CEO of GTI. “The outlook for natural gas demand remains robust, thanks to the remarkable expansion of natural gas supplies in recent years and very attractive end user prices. We believe that gas demand will likely reach 24 to 26 trillion cubic feet by 2020, while also helping to reduce U.S. carbon emissions.”
Future growth in demand will be led by the power generation sector, where natural gas is poised to help offset an expected wave of older coal-fired power plant retirements across the country. Power generation demand in 2010 was at an all-time high, 40 percent higher than demand in 2000. Industrial demand also bounced back sharply from pre-recession levels.
“New power generation gas demand will be complemented by a continuing industrial rebound,” says William Liss, managing director of GTI’s End Use Solutions. “Low natural gas prices are helping to expand domestic manufacturing—particularly in the chemical, petrochemical, and food production and processing segments.”
The natural gas industry is also experiencing growth in residential and commercial market sectors. In 2010, residential natural gas demand was the highest since 2003, while commercial customers used more gas than at any time since 1997. While muted by appliance and building energy efficiency improvements, natural gas is well positioned to continue to efficiently meet building energy needs as an environmentally friendly energy source.
Another area in which GTI anticipates major growth in demand is in the transportation sector, where fleet owners are increasingly turning their attention to natural gas vehicles (NGVs) for their economic benefits. Current prices of compressed natural gas for vehicle use are about $1.95/gallon according to a January, 2011 DOE Clean Cities fuel price survey. In 2010, NGV use was at an all-time high and nearly twice that reported in 2000. With a large fuel price advantage and an expanding number of vehicle options entering the market, the coming decade should see a strong expansion of NGV use in the U.S.
Working with natural gas industry partners that include Utilization Technology Development (UTD)—a member-controlled organization of natural gas distribution companies working to develop new natural gas technologies—and other government and industry partners, GTI is helping to develop a portfolio of new end use gas technologies that can provide energy efficiency, environmental, and productivity benefits to residential, commercial, industrial, power generation, and transportation energy users over the next decade.
About Gas Technology Institute (GTI)
GTI is a leading research, development and training organization that has been addressing the nation’s energy and environmental challenges by developing technology-based solutions for consumers, industry, and government for 70 years.
For More Information Contact
Diane Miller
Gas Technology Institute
847-768-0683
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US Labor Department’s OSHA urges recovery workers and public in the South to guard themselves against hazards during tornado and storm cleanup
Region 4 News Release: 11-623-ATL (179)
April 28, 2011
Contact: Michael D’Aquino Michael Wald
Phone: 404-562-2076 404-562-2078
E-mail: d’aquino.michael@dol.gov wald.michael@dol.gov
US Labor Department’s OSHA urges recovery workers and public in the
South to guard themselves against hazards during tornado and storm cleanup
ATLANTA – As residents recover from the damage caused by the recent storms that have occurred throughout the South, the U.S. Department of Labor’s Occupational Safety and Health Administration urges workers and members of the public engaged in cleanup activities to be aware of the hazards they can encounter and the necessary steps they should take to protect themselves.
“Emergency response should not put you in the hospital emergency room,” said Cindy Coe, OSHA’s regional administrator in Atlanta. “Storm recovery work encompasses a wide range of safety and health hazards, which can be minimized by knowledge, safe work practices and personal protective equipment.”
Cleanup work can involve restoring electricity, communications, water and sewer services; demolition work; removal of floodwater from structures; entry into flooded areas; cleaning up debris; tree-trimming; structural repair; roadway and bridge repair; use of cranes, aerial lifts and other heavy equipment; hazardous waste operations and emergency response activities; and repair of dams and levees.
Inherent hazards may include illness from exposure to contaminated water or food; exposure or heat stress; downed electrical wires; carbon monoxide and electrical hazards from portable generators; fall and struck-by hazards from tree-trimming or working at heights; being caught in unprotected excavations or confined spaces; burns; lacerations; musculoskeletal injuries; being struck by traffic or heavy equipment; and drowning from being caught in moving water or while removing water from flooded structures.
Protective measures should involve evaluating the work area for all hazards; task-specific hazard exposure monitoring; utilizing engineering or work practice controls to mitigate hazards; using personal protective equipment; assuming all power lines are live; following proper hygiene procedures; using portable generators, saws, ladders, vehicles and other equipment correctly; and utilizing traffic work zones.
OSHA maintains a comprehensive Web site on keeping disaster site workers safe during cleanup and recovery operations: http://www.osha.gov/OshDoc/flood-tornado-recovery.html. It contains fact sheets, concise “quick cards,” frequently asked questions, safety and health guides and information, public service announcements in English and Spanish, and links to information from other sources.
Under the Occupational Safety and Health Act of 1970, employers are responsible for providing safe and healthful workplaces for their employees. OSHA’s role is to ensure these conditions for America’s working men and women by setting and enforcing standards, and providing training, education and assistance. For more information, visit http://www.osha.gov.
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U.S. Department of Labor news materials are accessible at http://www.dol.gov. The information above is available in large print, Braille, audio tape or disc from the COAST office upon request by calling 202-693-7828 or TTY 202-693-7755.
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Xtreme Oil & Gas Acquires Interest in Producing Well
Xtreme Oil & Gas Acquires Interest in Producing Well
Plano, TX, April 28, 2011 - Xtreme Oil & Gas, Inc. (OTCBB: XTOG) (OTCQB: XTOG) announced on April 27 it has acquired a minor working interest in a well producing initially over 400 barrels of oil per day and over 950,000 cubic feet of gas per day. Xtreme agreed to purchase the working interest for 15,000 shares of restricted common stock from one of its partners, further strengthening their relationship.
This newest project verifies their recent geologic studies in the area and they expect this well to produce 200,000 barrels of oil and 500 Million cubic feet of gas during its lifetime. Xtreme and its partners will continue to seek additional working interest and to participate in leasing acreage in the area to continue to exploit these resources.
Willard G. McAndrew III, CEO of Xtreme, commented, “This acquisition represents another step in our expending relationships and gives us a new series of leases to explore in what we hope to be a prolific formation that responds well to today’s drilling and recovery technologies.”
Xtreme Oil & Gas, Inc. is a rapidly growing Dallas-based independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas with operations producing oil and gas from properties it owns and operates in Texas and Oklahoma.
Statements included in this release related to Xtreme Oil & Gas, Inc. constitute or may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as the inherent uncertainty of finding and developing oil and gas properties, the technological and financial difficulties inherent in these activities, the price of hydrocarbons and the Company’s ability to estimate accurately net revenues due to variability in size, scope and duration of projects. Further information on potential risk factors that could affect the Company’s financial results can be found in the Company’s reports filed with the Securities and Exchange Commission.
For More Information Contact
Xtreme Oil & Gas, Inc.
(214) 432-8002
www.xtremeoilandgas.com
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