LOUISIANA AUSTIN CHALK
An early mover, Prime Rock has acquired over 100,000 net acres in Central Louisiana targeting the emerging Austin Chalk play. Most of Prime Rock's acreage is in Allen, Beauregard, Rapides and Vernon Parishes, primarily in the legacy Masters Creek Field.
Originally developed in the 1990s and early 2000s utilizing unstimulated, open-hole horizontals targeting natural fracture production, Masters Creek is largely considered one of the most prolific legacy fields in the entire trend. Similar to other legacy oil fields that have been rejuvenated by horizontal drilling and hydraulic fracturing, Prime Rock believes the application of modern completion technology will allow operators to meaningfully improve on legacy results.