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Industry Brief

Amelia Resources LLC is marketing 50,000 net acres in the Tuscaloosa Marine Shale (TMS) play. The company's client has secured a large acreage block in a "very active and competitive part of the play," said President Kirk Barrell. "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," he said. "Unit applications and well permits are increasing dramatically." The package of leases is on the eastern side of the TMS, which is present in Louisiana and Mississippi. Several TMS operators have reported well results recently that show that understanding of the play has grow with a few setbacks (see Shale DailyAug. 8Aug. 1July 25July 7).

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