News Embargo to: 3:30 A.M.****
News Embargo to: 3:30 A.M.****
Breitling Energy CEO Chris Faulkner speaks on Prestigious OPEC Global Impact Panel
Dallas, Texas – April 1, 2015 – Chris Faulkner, CEO and Chairman of Breitling Energy (OTCBB: BECC) is speaking at a prominent luncheon panel in Houston today discussing the Yemen conflict, OPEC, and the global impact of fluctuating oil production quotas.
The event is hosted by the World Affairs Council of Houston, an organization founded to promote American’s understanding of international affairs. Today’s event was rescheduled for February due to inclement weather.
Faulkner is expected to correlate OPEC’s 2011 decision to fix production at 30.37 million barrels per day with their current refusal to reduce that number in light of decreasing world supplies and low prices. Houston’s economy has been feeling the impact of below $50 oil.
“When OPEC’s Secretary General says he thinks oil has hit a bottom, then in the next sentence says what is happening could create a price boomerang to upwards of $200 per barrel oil, that is certainly worth investigating in a discussion on this level,” Faulkner said.
The panel will be moderated by James B. Adams, a retired ExxonMobil executive who spent 20 years working abroad, with 14 years in the Middle East. Most recently, Adams was ExxonMobil’s Lead Country Manager in Iraq and previously president of ExxonMobil Iraq Limited.
Also participating is Pradeep Anand, president of Seeta Resources. With more than 30 years in the oil and gas industry, Anand is a highly sought-after strategist especially pertaining to market forces and developing competitive strategies to adjust to changing sector dimensions.
The event begins at 11:30 a.m., at the downtown Houston Hyatt hotel.
ABOUT BREITLING ENERGY CORPORATION
Breitling Energy Corporation is a growing U.S. energy company based in Dallas, Texas engaged in the exploration and development of high-probability, lower risk onshore oil and gas properties. The Company’s dual-focused growth strategy primarily relies on leveraging management’s technical and operations expertise to grow through the drill-bit, while also growing its base of non-operating working interests and royalty interests. Breitling Energy’s oil and gas operations are focused primarily in the Permian Basin of Texas and the Mississippi oil window of southern Kansas and Northern Oklahoma, with non-operating investments in Texas, North Dakota, Oklahoma and Mississippi. Breitling Energy Corporation is traded over the counter under the ticker symbol: BECC. Additional information is available at BreitlingEnergy.com. CONTACT: Thomas Miller, VP of Communications, Breitling Energy, 214-716-2600 – SOURCE Breitling Energy Corporation
CEO Chris Faulkner to speak at World Affairs Council in Houston on OPEC, Oil Prices and Global Impact
What: World Affairs Council of Houston Luncheon Program
Who: Chris Faulkner, CEO & Founder, Breitling Energy Corporation
Pradeep Anand is President, Seeta Resources
David Livingston, Associate in Carnegie’s Energy & Climate program
Moderator: James B. Adams retired from ExxonMobil in 2014 (35 years in the oil bus.)
When: WEDNESDAY, April 01, 2015, Registration: 11:30 a.m.
Luncheon Program: Noon – 1:30 p.m.
Where: The Hyatt Regency Houston, Imperial East Ballroom, 1200 Louisiana Street
Houston, Texas 77002 — Event URL: http://goo.gl/LgXxQx
Breitling Energy Corp. CEO and Founder, Chis Faulkner is on a panel at the World Affairs Council of Houston, Noon, Wednesday, April 1, 2015. Faulkner will be presenting his economic observations on OPEC, Oil prices and the Global Impact. “Oil prices spiked after Saudi Arabia launched airstrikes into Yemen last week, raising concerns of a war on the Arabian Peninsula. Brent crude shot up more than 4pc initially to $58 per barrel, after Saudi air strikes and the 10-country coalition against Houthi militia forces,” noted Faulkner. “America needs to step up fracking, oil and gas exploration and job creation to move the USA to less dependence on OPEC,” he said.
Chris Faulkner is the Chief Executive Officer, President and Chairman of Breitling Energy Corporation, an oil and natural gas company based in Dallas, Texas. He is the author of The Fracking Truth – America’s Energy Revolution: The Inside, Untold Story, and producer of the fracking documentary Breaking Free. In 2013, Mr. Faulkner was named Industry Leader of the Year by the Oil & Gas Awards for the Southwest Region and Oil Executive of the Year by the American Energy Research Group.
MEDIA CONTACT: Thomas Miller, VP, Communications, Breitling Energy Corporation,