Breitling Energy Corporation is engaged in the acquisition, development, exploration, and production of properties in the United States. The company holds onshore working interests, and royalty interests in the proven basins of Permian Basin in Texas; the Bakken/Three Forks formations located in North Dakota; and the Mississippi Lime and Hunton/Woodford/Cleveland formations located in Oklahoma. As of December 31, 2013, it owned approximately 1,426 properties consisting of approximately 6,000 wells, 999 proved locations, 291 probable locations, and 136 possible locations in 7 states and 84 counties; and had reserves of approximately 498 thousand barrels of crude oil and approximately 1,278.51 million cubic feet of gas. Breitling Energy Corporation is headquartered in Dallas, Texas.