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Breitling Energy Corporation
1910 Pacific Ave.
Suite 12000
Phone: (214) 716-2600p:214 716-2600 Dallas, TX  75201-4509  United States Ticker: BECCBECC

On September 1, 2015, the Audit Committee of the Board of Directors (the "Audit Committee") of Breitling Energy Corporation (the "Company"), in consultation with its outside advisors and management, concluded that the financial statements for the annual periods ended December 31, 2013 and 2012 and the interim quarterly periods ended September 30, 2014, June 30, 2014 and March 31, 2014 should not be relied upon due to errors in the recording of oil and gas assets, revenue interests and drilling activities that were discovered during our preparation for our audit of the financial statements for the year ended December 31, 2014. The Company has not yet finalized its financial results for the year ended December 31, 2014 and the quarters ended March 31, 2015 and June 30, 2015 because the precise extent to which these errors have been carried forward to 2014 and 2015 has not been determined. Until the Company has finalized its accounting for the these periods, as well as completed and filed an amendment to the restated report to correct the errors discussed above, the Company will be unable to file its Annual Report on Form 10-K for the year ended December 31, 2014 and the Quarterly Reports on Form 10-Q for the quarters ended March 31, 2015 and June 30, 2015. In addition, the previously calculated FRISK® score of “5” should not be relied upon, because it is based in part on these financials.
This company is no longer actively traded on any major stock exchange.

Business Summary
Breitling Energy Corporation is an energy company engaged in the exploration and development of onshore oil and gas properties. The Company'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. The Company has non-operating investments in Texas, North Dakota, Oklahoma and Mississippi. The Company's operations and investment opportunities are focused on exploratory and developmental drilling onshore in the United States, such as the Eagle Ford, Marcellus, Utica, Granite Wash, Cleveland, Hunton, Mississippi Lime, Bakken and Three Forks unconventional liquids plays. The Company's operating areas are characterized by natural gas and oil reserves.
(Source: Company's Website)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/201412/31/2013YesYes--Yes

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board, President, Chief Executive Officer Chris A.Faulkner 37 2/4/2014 12/9/2013
Interim Chief Financial Officer DavidKovacs 2/27/2015 2/27/2015
Chief Operating Officer, General Counsel, Secretary, Director Jeremy S.Wagers 37 12/9/2013 12/9/2013

Business Names
Business Name
BECC
Breitling DST Royalties, LLC
Breitling Energy Companies, Inc.
9 additional Business Names available in full report.

General Information
Number of Employees: 10 (As of 12/31/2013)
Outstanding Shares: 499,083,626 (As of 11/13/2014)
Shareholders: 4,200
Stock Exchange: OTC
Federal Tax Id: 880507007
Fax Number: (775) 882-6818


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Saturday, July 22, 2023