According to the company, the prospect was delineated using geological and geophysical techniques and data gained from the drilling of the Breitling-Turner #1 and the Breitling-Turner #2 wells.

The wells are located within a 640-acre closure mapped at the Holmes Sand and the Mississippian Chappel dolomite formations above an estimated total vertical depth of 7,600ft.

Breitling CEO Chris Faulkner said each of the Turner wells has been getting better and better for the company.

"We feel the Breitling-Turner field will be a good oil producer for Breitling and its partners," Faulkner said.