Breitling Oil and Gas Corp. announced that it has spud the Breitling-Brown Billy #3 in Live Oak county, Texas.

The Breitling-Brown Billy #3 prospect is expected to be drilled to 5,900 feet to test the Upper and Lower Yegua oil sands. The trapping structure is generally defined by subsurface well control with the interpretation and proposed location confirmed by integrating 3-D seismic from Breitling's shoot in 2011.

Management anticipates the well will reach total depth in about six days. Well completion and testing on the Breitling-Brown Billy #3 well should begin during the second week of October 2012.