Undisclosed

Transaction Type
Sellers
Post Date
Estimated Price
0MM
Description

Amelia Resources LLC is hosting a data room to market 40,000 net acres in the updip window of the Tuscaloosa Marine shale in southwestern Mississippi on behalf of an undisclosed seller.

The sale includes 120 square miles of three dimensional seismic surveys across the minerals. In addition, the prospect has multiple prospective horizons with proven seismic-identifiable characteristics. The data room will open in late February, with bids due April 15, 2013.

"It’s rare to have the opportunity to market a large block of unleased mineral rights across a mature producing trend. These interests present a buyer the opportunity to have exposure to the emerging Tuscaloosa Marine Shale Play along with additional targets in the Tuscaloosa sands, Wilcox, and Frio. The minerals are located within the prolific oil-rich Wilcox sand play of southwestern Mississippi,” said Amelia's President, Kirk Barrell.

With twenty-three years of experience across the Tuscaloosa Trend, the company has evaluated over 800 wells across Louisiana and Mississippi. Utilizing a diverse dataset of well logs, geochemistry, reprocessed two dimensional seismic, mudlogs, bouguer gravity, and petrophysics, the company has identified prospective areas in multiple producing horizons.

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.