Tuscaloosa Marine Shale Tuscaloosa Marine Shale An Emerging Play Hart Energy Hart Energy 3rd Annual Developing Unconventional Oil Conference & Exhibit Denver, CO May 16, 2012 www.ameliaresources.com…
Play Overview 2.97.4 million acres prospective 2 97 4 million acres prospective Proven source rock Proven producer Proven producer Eagle Ford age equivalent Oil Oilprone prone unconventional reserves unconventional…
Geologic AgeEquivalent Plays Monroe Uplift CONCHO ARCH Sabine Uplift Lasalle Arch LaSalle Arch Texas Eaglebine g Angelina Flexure Mississippi TMS Llano Uplift L K Sh elf Ed ge Wiggin Sligo s Arch rch ty…
Risks vs Costs High Eagleford Barnett Fayetteville Bakken Haynesville Acreage Marcellus Costs Niobrara Utica TMS Low B D Brn Dense Low High Risks www.ameliaresources.com www.tuscaloosatrend.blogspot.com
Regional Geology Ak Arkansas Monroe Uplift Sabine Uplift Mississippi Lasalle Arch LaSalle Arch Gwinville Tuscaloosa Fairway 0 Gwinville Lake Saint John 00 Vidal Island -8 Brookhaven 80…
Tuscaloosa Sand Producing Fields Spats Little Creek 60 MMBO Concordia Olive 8 MMBO Tuscaloosa Marine Shale Red Bug North Red Bug West Smithdale Tuscaloosa Fields McComb Freedom 33 MMBO Red Bug Friendship Church…
Strike Cross Section West East Feet of DeltaLogR 0.9 DLOGR=LOG(ILD/1.7)+.02*(SONIC63) Mean DeltaLogR www.ameliaresources.com www.tuscaloosatrend.blogspot.com
Dip Cross Section North South Feet of DeltaLogR 0.9 DLOGR=LOG(ILD/1.7)+.02*(SONIC63) ( / ) ( ) Mean DeltaLogR M D lt L R www.ameliaresources.com www.tuscaloosatrend.blogspot.com
Play Benchmarks Long Laterals Encana, 8932 Drilling Time Encana, 19547 in 39 days Initial Potential Encana, 784 bopd 309 mcfgd (837 boepd) Frac stages 30 (Encana Anderson 17H and 18H) 1st Year Production Decline: unknown…
Frac Jobs TMS Completion Comparison 30 Encana 28 Encana Anderson 17H1 Anderson 18H1 26 24 AGES 22 20 259 STA 18 732 784 16 324 14 176 12 101 10 3000 4000 5000 6000 7000 8000 9000 LATERAL LENGTH LATERAL…
Frac Jobs IP (boepd) vs Avg. Proppant Per Stage 1000 900 800 700 600 EPD 500 BOE 400 300 200 100 0 100,000 150,000 200,000 250,000 300,000 350,000 400,000 A Average Proppant Per Stage P t P St…
Targeted Economics Location Louisiana TMSType TMS Type Curve IP800 IP 800 bopd COUNTY , 1st Year Decline 73% Oil [bbls] W ater [bbls] Gas [mcf] Working Interest 100% 100000 100000 Net Revenue Interest 78% Lease Cost Lease Cost 250…
Play Summary Play still economically unproven Several well capitalized companies have large lease Several well capitalized companies have large lease blocks Several wells drilling and permitted Several wells drilling and…