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Gulf Energy Exploration offers substantial growth prospects to the oil and gas industry. The company has acquired and mapped over 17,000 acres of 3D seismic generated prospects in 2 regions of the Gulf of America. The Gulf Energy Exploration technical team utilizes cutting-edge geologic, geophysical, Chimney processing, AVO and petrophysical technologies to develop drill prospects. These state-of-the-art technologies are utilized in a “spare no expense” effort to generate, evaluate and confirm the uptapped prospects in the Miocene and Frio formations along the gulf coastal regions.

Timing Is Everything

"With a new administration that is pro-energy, natural gas prices at excellent levels, and the approval by the Trump administration of four new LNG (liquid natural gas) export terminals, Gulf Energy Exploration and its partners believe that this is the proper time to commence the development of its best natural gas prospect. The market for liquified natural gas overseas will drive the prices for domestic US gas for several years to come. Additionally, experts are forecasting rising energy demands due to the development of artificial intelligence processing centers."

  - Dr. R. Gerald Bailey, Chairman/CEO Gulf Energy Exploration Corp., former president Exxon Arabian Gulf

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LaSalle Prospect

2 TCF of Natural Gas

This large natural gas prospect presents significant development potential, characterized by its extensive reserves and strategic location.

Key Points:

  • Proprietary 2-year 3D seismic study conducted under the STARR program by the Bureau of Economic Geology Austin, Texas.









     

  • Transition zone with primary targets in the Miocene and Upper, Middle, and Lower Frio formations. These formations have yielded over 50 trillion cubic feet of gas and 3 billion barrels of oil along the Texas Gulf Coast.

  • Proposed 16,000 ft wildcat well (geopressured) to test Frio Marg Tex and Bol Mex objectives in 60 to 100 feet of coastal waters.

  • Sand deposition controlled by shale ridges.

  • Potential for new play trend development.

Click here to download STARR Progress Report

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