•  
  •  
  •  
  •  
  •  
  • Untitled Document
    Untitled Document

    Amelia Resources sells Tuscaloosa Marine Shale acreage

    Amelia Resources LLC

    Amelia Resources LLC has sold 50,000 net acres in the Tuscaloosa Marine Shale (TMS) play. The company has been retained as a technical consultant to market 50,000 net acres of newly acquired leases in the TMS play.

    Amelia's President, Kirk Barrell, said, "With the play continuing to be derisked, this focused package of leases on the eastern side of the play presents a new player an excellent opportunity to quickly commence a drilling program. Drilling improvements, along with high initial flow rates, are bringing more attention to this oil play. We believe that the repeatability and economics of the play will be extremely competitive with other US oil plays.”

    Amelia’s client has secured a large acreage block in a very active and competitive part of the play. Barrell stated, "Now that areas of the play are considered derisked, this acreage block presents itself as a very attractive acquisition for an operator wanting to control their destiny in the play. Unit applications and well permits are increasing dramatically."

    Most Popular

    Related Articles

    Goodrich updates on financing, amendment to credit facility

    03/02/2015

    Goodrich Petroleum Corp. has provided an update on financing and an amendment to its credit facility. 

    Goodrich Petroleum updates on Tuscaloosa Marine Shale well results

    07/08/2014 Goodrich Petroleum Corp. is currently running three rigs in the Tuscaloosa Marine Shale (TMS) with plans to go to as many as five rigs by the end of the year pending continued success. The company ...

    Sanchez begins senior notes exchange offer

    06/23/2014 Sanchez Energy Corp. has begun an exchange offer of up to $600 million aggregate principal amount of its 7.75% senior notes due 2021 that have been registered under the Securities Act of 1933, as a...

    Halcón updates on Tuscaloosa Marine Shale operations, partnership

    06/11/2014

    Halcón Resources Corp. has provided an operational update related to its 314,000 net acre position in the Tuscaloosa Marine Shale.

    EnCana pays $3.1B to enter Eagle Ford

    06/09/2014

    Encana, Canada's largest natural gas producer, has entered a deal with Freeport-McMoRan Oil & Gas to purchase Eagle Ford shale assets for $3.1 billion.

    More Oil & Gas Financial Articles

    Goodrich updates on financing, amendment to credit facility

    Mon, Mar 2, 2015

    Goodrich Petroleum Corp. has provided an update on financing and an amendment to its credit facility. 

    Goodrich closes East Texas asset sale

    Wed, Dec 24, 2014

    Goodrich Petroleum updates on Tuscaloosa Marine Shale well results

    Tue, Jul 8, 2014

    Goodrich Petroleum Corp. is currently running three rigs in the Tuscaloosa Marine Shale (TMS) with plans to go to as many as five rigs by the end of the year pending continued success. The company has in excess of 300,000 net acres in the play.

    Sanchez begins senior notes exchange offer

    Mon, Jun 23, 2014

    Sanchez Energy Corp. has begun an exchange offer of up to $600 million aggregate principal amount of its 7.75% senior notes due 2021 that have been registered under the Securities Act of 1933, as amended, for an equal amount of its outstanding 7.75% senior notes due 2021 that have not been registered under the Act. 

    Halcón updates on Tuscaloosa Marine Shale operations, partnership

    Wed, Jun 11, 2014

    Halcón Resources Corp. has provided an operational update related to its 314,000 net acre position in the Tuscaloosa Marine Shale.

    OGFJ photo of the day


    Click to view slideshow

    Oil & Gas Jobs

    Search More Job Listings >>
    Subscribe to OGFJ