I did some questioning at the courthouse in Liberty last week, and spoke to one landman that said he'd heard that the area north of Liberty is to be considered of a lot of interest and/or a "hot spot". Speaking to a person in Tangipahoa parish last week she said her boss concluded the same thing after several months of his own research. I personally found a report on Ameliaresource's website that showed most of Amite county is in an area of "High Resistivity", which is a very good thing if you are looking for pools of oil underground. Resistivity in the case of looking for oil, is the result of a test of resistance of electrical current passing through an object. The higher the resistivity, the less an object will allow an electrical current to pass through it. It can be a solid or a liquid. Oil does not conduct electricity as well as say, salt water or most types of rock or sand and rock formations or even fresh water. The study also said that even though several other factors can cause a high resistivity in a certain area, all those considerations seem to be secondary to the presence of oil. The conclusion is that because oil does not conduct electrical current as well as other material, it must be there in the area of high resistivity. You may also conclude that if this is true, the dollar amounts being paid for your lease signing bonus' and royalties are way too low. Very low. I used to be a landman myself when the huge reserve of oil also named the Tuscaloosa trend, was found around Pointe Coupee Parish in Louisiana and we were paying $2000 an acre and a 1/8th royalty and that was for a one acre lease, I handled myself. Attached is a copy of the graph from the report that I sight, that shows the area of "HIgh Risistivity".
2803-Amelia20Resources20Tuscaloosa20Marine20Shale20PLAY20BOUNDARY20MAP20FEB202011.pdf (75.7 KB)