Tuesday, November 12, 2013

Amelia Resources LLC Announces an Update on Acreage Sales

November 12, 2013 10:54 AM Central Standard Time
THE WOODLANDS, Texas--(BUSINESS WIRE)--Amelia Resources, LLC announces an update on the status of acreage sales in the Tuscaloosa Marine Shale (TMS) play.
Amelia Resources announced today that it has facilitated the sale of over 95,000 acres in the TMS play. The company has served as a consultant hosting a data room and marketing large acreage blocks in the TMS. Amelia is marketing 85,000 additional acres that represent the last remaining large acreage block available in the play.
Amelia’s President, Kirk Barrell, said, “The TMS play continues to gain momentum with additional drilling and acreage acquisitions. Recent announcements by TMS operators indicate that there will be a significant increase in capital invested and drilling across the play in 2014.”
With 23 years of experience across the Tuscaloosa Trend, Amelia Resources, LLC has evaluated over 1,000 wells in the TMS across Louisiana, Mississippi, and Texas.
Barrell stated, “Wells such as Goodrich’s Crosby 12H-1 illustrate that this unconventional reservoir has the ability to produce prolific amounts of oil in a short period of time. As in all unconventional plays, costs and operational challenges will decrease through time. 2014 will be an exciting time for this play as it moves to development mode and new operators enter the project.”
Amelia Resources LLC is a privately held exploration and production company. The company generates drilling prospects and is actively engaged in several projects across the onshore Gulf Coast. Amelia was founded in 2003 by Kirk Barrell and has offices in The Woodlands, Texas, 30 miles north of Houston. The company leverages its 27 years of geological and geophysical experience to obtain strategic positions in drilling projects. Updates on the TMS and Austin Chalk projects are provided by the company at www.tuscaloosatrend.blogspot.com.
CAUTIONARY STATEMENT: This press release contains certain forward-looking statements regarding various oil and gas discoveries, oil and gas exploration, development and production activities, anticipated and potential production and flow rates and the economic potential of properties. Accuracy of these forward-looking statements depends on assumptions about events that change over time and is thus susceptible to periodic change based on actual experience and new developments. Amelia Resources LLC cautions readers that it assumes no obligation to update or publicly release any revisions to the forward-looking statements in this press release and, except to the extent required by applicable law, does not intend to update or otherwise revise these statements more frequently than quarterly. Important factors that might cause future results to differ from these forward-looking statements include adverse conditions such as high temperature and pressure that could lead to mechanical failures or increased costs, variations in the market prices of oil and natural gas, drilling results, unanticipated fluctuations in flow rates of producing wells, oil and natural gas reserves expectations, the ability to satisfy future cash obligations and environmental costs, and other general exploration and development risks and hazards.
Contacts
Amelia Resources, LLC
Kirk A. Barrell, 281-798-6741
www.ameliaresources.com

5 comments:

  1. Clay, thank you!
    Mark, if I planned to post a map I would have. Once again, you're welcome for all of the free information.

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  2. Mark,

    The only thing that "should have already been done" is blocking you from making further comment on this blog. For a normal person, it is perfectly acceptable to ask questions of a blog that is dedicated to providing valuable information for free. It is also perfectly acceptable for that blog's author to answer that it would be too expensive for them to pay for that information only to publish it on the internet for free.

    Making irrational accusations and ad hominem attacks is NOT an appropriate response on a free blog (or anywhere in a civilized society). Your persistent comments that fall in this category, which display a stunning combination of willful ignorance and entitlement, are unhelpful and unwanted. Kindly keep your comments off of this Blog. There are undoubtedly websites dedicated to alien invasion or JFK assassination conspiracy theories where your opinions would be more welcome.

    Finally, I'd like to reiterate the following response that I made to one of your comments in April of this year:

    "Mark,

    "At the risk of speaking for the other grateful followers of this blog, the generally asinine and entitled tone of your comments is uncalled for and unappreciated. Kirk provides this blog, which is an unparalleled resource for land and mineral owners, at his own expense. He selflessly asks that any remuneration for his efforts is directed to a charity - one that provides food and shelter to those who are too poor to afford computers (or the luxury of using them to embarrass themselves on the internet).

    "If you are dissatisfied with the level of information Kirk provides (which far exceeds that of any other public or private party - anywhere), kindly spare the rest of us your ingratitude and stop reading the blog.

    "As for your lease map. If you want one the only way you are going to get it is to invest the six-to-seven figures required to hire a team of landmen to purchase every lease granted in the TMS area since 2008, and then retain the services of a mapping company for a similar sum to put it on in a map for you. Once you have it, you are then free to start your own blog and provide this map to others free of charge."

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  3. Congratulations, Kirk. And, thanks for sharing the information. It is appreciated.

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  4. I echo the congrats, Kirk.
    Thanks for sharing.

    ReplyDelete