Amelia Resources LLC Announces the Sale of 85,000 Net Acres in the Louisiana Austin Chalk Play


charlotte: GOOD GOING, KIRK!!! You’re OBVIOUSLY not just drinking tea and touring old homes from your new office in St. Francisville, and I especially like the “stack play” inclusion of the TMS with the Austin Chalk!!! The formations ARE continuous across the region, as lots of people are not aware!! Also, here’s your reason to be at NAPE next month (bold mine):

Amelia’s buyer has acquired this large acreage block in the updip, normally pressured region of the play. Barrell stated, “Our acreage block is geologically focused targeting a shallower, normally pressured, oil-rich, porous reservoir across unfaulted monoclinal dip. With the Tuscaloosa Marine Shale (TMS) occurring 700 feet below the Austin Chalk, the updip region of the play presents a potential ‘stack play’ opportunity.”  The company plans to debut a second large acreage package at the NAPE Summit in Houston, February 5–9, 2018.

More on EOG and their Eagles’ Ranch prospect in the Louisiana Austin Chalk here.

Here’s the blog post:

NEW ORLEANS–(BUSINESS WIRE)–Amelia Resources LLC announces the sale of 85,000 net acres in the Louisiana Austin Chalk play…

All opinions are my own, and no relationship with any company in the article is implied. Read full article at the publisher’s site: Amelia Resources LLC Announces the Sale of 85,000 Net Acres in the Louisiana Austin Chalk Play

Photo of Helis Oil & Gas Eads-Poitevent No. 1 well at spud in St. Tammany Parish LA courtesy Greg Beuerman