April 21, 2010 EEI completed negotiations for a contract with its seventh joint venture seismic partner. This new strategic partnership allows EEI access to most of the last previously inaccessible areas in the offshore Gulf of Mexico.
March 17, 2010 EEI had two Prospects bid on by two Partner companies but no winning bids on two offshore blocks at the 2010 Central Gulf of Mexico Federal Lease Sale. Partner efforts to join with both winning companies are underway. February 23, 2010 EEI President, Thomas Englehart and co-author, Laura Kay Ethetton, presnted a talk titled Leveraging GIS Data for Efficient Oil and Natutral Gas Exploration at the ESRI Petroleum Users Group Conference in Houston, TX.
February 11, 2010 EEI completed negotiations for a follow-on contract with one of its six joint venture seismic partners. This strategic partnership will continue to allow EEI access to 3D seismic data in the offshore Gulf of Mexico in support of its Focus Area Strategy prospect generation efforts.
November 18, 2009 Rene' Mott has joined EEI as a Geophysical Consultant. Rene' brings a wide range of worldwide specialized processing, modeling and interpretation experience gained during her career with Seismic Micro Technology, Unocal, and Maxus.
October 2, 2009 Nippon Oil Exploration U.S.A. Limited announced that it has found 220’ of oil and gas pay in multiple Pliocene-age zones in its #1 well on the EEI "Winning Streak" Prospect across West Cameron 265 and 266. The well has been Temporarily Abandoned prior to further operations. This is the 36th well in which EEI has earned an Overriding Royalty Interest (ORRI) since start-up in 2000.
August 19, 2009 EEI had three Prospects bid on by two Partner companies with winning bids on three offshore blocks at the 2009 Western Gulf of Mexico Federal Lease Sale. These new blocks bring the EEI portfolio to a total of 68 acquired leases since start-up in 2000.
April 3, 2009 Tarpon Operating announced that it has found commercial quantities of gas pay in it's #1 well on the EEI "Lounge Chair" Prospect at High Island A273. The well has been Temporarily Abandoned prior to further operations. This is the 35th well in which EEI has earned an Overriding Royalty Interest (ORRI) since start-up in 2000.
March 18, 2009 EEI had two Prospects bid on by two Partner companies with a winning bid on one offshore block at the 2009 Central Gulf of Mexico Lease Sale. This new block brings the EEI portfolio to a total of 65 acquired leases since start-up in 2000.
March 7, 2009 Tarpon Operating announced that it had found 135' of pay in multiple zones in their #1 well on the EEI "Bally Horse" Propsect at West Cameron 280. The well has been Temporarily Abandoned after running casing. This is the 34th well in which EEI has earned an Overriding Royalty Interest (ORRI) since start-up in 2000.
February 25, 2009 Tarpon Operating announced that it found 210' pay in multiple zones in their #1 well on the "Arpa" Prospect at West Cameron 487. The well has been Temporarily Abandoned after running casing. Production is expected to commence in mid 2010. This is the 33rd well in which EEI has earned an Overriding Royalty Interest (ORRI) since start-up in 2000.
January 29, 2009 Tarpon Operating announced that it found 182' pay in multiple zones in their #1 well on EEI's "Bonito" Prospect at East Cameron 266. The well has been Temporarily Abandoned after running casing. Production is expected to commence in late 2010. This is the 32rd well in which EEI has earned an Overriding Royalty Interest (ORRI) since start-up in 2000.
January 25, 2009 Interview of EEI President, Thomas Englehart, published in Petroleum Listing Service (PLS) Prospects and Properties (P&P) publication. January 7, 2009 Via new prospect generation for partners Tarpon Operating and MCX Gulf of Mexico, EEI has acquired an interest in three new leases. These blocks bring the EEI portfolio to a total of 64 acquired leases since start-up in 2000.
November 27, 2008 Tarpon Operating announced that it has flow-tested and will complete a 22' net gas "IP" sand in their #1 well on EEI's "Rocking Chair" Prospect at West Cameron 212. This is the 31st well in which EEI has earned an Overriding Royalty Interest (ORRI) since start-up in 2000. November 4, 2008 Lymac Exploration and Production, LLC announced the successful acquisition of WC 266 from Samson Offshore. This new block, plus Lymac's high bid on WC 265 in the March 2008 OCS Lease Sale, comprise the whole of EEI's "Molito" prospect. This new block represents EEI's 61st acquired lease since start-up in 2000.
August 20, 2008 EEI had five Prospects bid on by three Partner companies with winning bids on three offshore blocks at the 2008 Western Gulf of Mexico Federal Lease Sale. These new blocks bring the EEI portfolio to a total of 60 acquired leases since start-up in 2000.
July 3, 2008 Marlin Coastal announced that it found non-commercial pay at EEI's "Janice Ann" Prospect on Ship Shoal 86.
March 19, 2008 EEI had five Prospects bid on by five Partner companies with winning bids on three offshore blocks at the 2008 Central Gulf of Mexico Federal Lease Sale. These new blocks bring the EEI portfolio to a total of 57 acquired leases since start-up in 2000.
February 1, 2008 EEI completes negotiations with its sixth joint venture seismic partner. These strategic partnerships allow EEI to access 3D seismic data in over 80% of the the offshore Gulf of Mexico to support its prospect generation efforts.
January 7, 2008 MCX completed 22' net gas in the"1700" sand in the #A-4 well on Mustang Island 726. This is the 30th well in which EEI has earned an Overriding Royalty Interest (ORRI) since start-up in 2000.
December 12, 2007 Dave Burgess has joined EEI as a Geophysical Consultant. Dave brings a wide base of acquisition, processing, and interpretation experience from Chevron and Independant producers both onshore Gulf Coast and offshore Gulf of Mexico.
December 5, 2007 Peregrine Oil and Gas re-completed a 25' net gas "X-55" reservoir in the #A-2 ST1 of the West Cameron 630 Field. This is the 29th well and 54th block in which EEI has earned an Overriding Royalty Interest (ORRI) since start-up in 2000.
November 28, 2007 LLOG Exploration Company announced that it found the primary target wet at its Farm-in of EEI's "Big Ugly Fat Boy" Prospect on High Island A300.
November 1, 2007 Ken Dice has joined EEI as a Geological Consultant. Formerly with Samedan and Newfield Exploration Company, Ken brings a wide range of technical skills and Gulf of Mexico knowledge to EEI.
October 3, 2007 EEI had six Prospects bid on by four Partner companies with winning bids on three offshore blocks at the 2007 Central Gulf of Mexico Federal Lease Sale. These new blocks bring the EEI portfolio to a total of 53 acquired leases since start-up in 2000.
August 15, 2007 EEI had one Prospect bid on by a Partner company but it was not the winning bid at the 2007 Western Gulf of Mexico Federal Lease Sale.
August 4, 2007 Peregrine Oil and Gas announced a successful field extention well on High Island A268. The well encountered approximately 50' net gas in two Pleistocene sands. This is the 28th well in which EEI has earned an Overriding Royalty Interest (ORRI)since start-up in 2000.
July 7, 2007 LLOG Exploration Company announced a discovery at EEI's "Jiggs" Prospect on South Marsh Island 111. The well encountered approximately 110' net gas in multiple Pleistocene sands. This is the 27th well in which EEI has earned an Overriding Royalty Interest (ORRI) since start-up in 2000. A platform is being set and second well is planned on the block in 1Q 2008.
May 25, 2007 Eric Englehart, an Undergraduate in Geopysics at the University California at Berkeley, has joined EEI as a summer intern. He will be assigned mapping duties for both regional and prospect-specific areas in the offshore Gulf of Mexico.
April 8, 2007 Medco Energi US LLC announced a discovery at EEI's "Udaluli" Prospect on Brazos 437. The well encountered 55' net gas in multiple "Rob L" and "Rob M" sands. Dual completion operations are underway with initial production scheduled for fourth quarter 2007. This is the 26th well in which EEI has earned an Overiding Royalty Interest (ORRI) since start-up in 2000.
January 16, 2007 Challenger Minerals announced it will complete its discovery well at EEI's "Gretzky" Prospect on High Island A268. Approximately 100' net gas was encountered in two zones. Peregrine Oil and Gas is expected to take over as Operator. This is the 25th well and 50th block in which EEI has earned an Overiding Royalty Interest (ORRI) since start-up in 2000.
October 14, 2006 Newfield Exploration and partber Arena Energy announced a successful Development well on High Island A353. Drilled from the recently installed High Island A353 "A" Platform, the #A-2 well encountered four pay sands totaling 110' net gas. This is the 24th well in which EEI has earned an Overiding Royalty Interest (ORRI) since start-up in 2000. This well further expands Newfield and Arena's 2004 discovery on EEI's "Rudabega" Prospect covering High Island A353 and A366. Initial production is expected to commence in late 2006.
August 16, 2006 EEI had four Prospects bid on by seven Partner companies with winning bids on three offshore blocks at the 2006 Western Gulf of Mexico Federal Lease Sale. These new blocks bring the EEI portfolio to a total of 49 acquired leases since start-up in 2000.
August 8, 2006 William Catanese has joined EEI as a Geological Consultant. Formerly with Kerr-McGee Corp. and Newfield Exploration Company, Bill brings a wide range of technical skills and Gulf of Mexico knowledge to EEI.
July 21, 2006 Contango Operating announced that it found non-commercial gas in the target reservoirs at its Farm-In of EEI's "Houglass" Prospect on High Island A279.
July 6, 2006 Peregrine Oil and Gas announced that it found the two primary targets wet at its Farm-in of EEI's "Bruiser-Crusher" Prospect on East Cameron 263.
July 5, 2006 MCX announced it will complete its Mustang Island 726 #A-6 Development well. Dual completion operations are underway and initial production is expected in August, 2006. This will be the 23rd well in which EEI has earned an Overiding Royalty Interest (ORRI) since start-up in 2000.
June 8, 2006 MCX announced it will complete its Mustang Island 726 #A-5 Development well. Dual completion operations are underway and initial production is expected in August, 2006. This will be the 22nd well in which EEI has earned an Overiding Royalty Interest (ORRI) since start-up in 2000.
June 6, 2006 Irdam Coriolis has contracted EEI to perform all technical work leading to drilling activity on West Cameron 629. This is the 46th acquired lease since start-up in 2000.
May 8, 2006 MCX announced it will Temporarily Abandon its gas discovery at Mustang Island 726 #A-4 well. Completion is scheduled after further drilling and development on the Mustang Island 726 "A" platform.
April 2, 2006 Tana Exploration announced a deeper pool discovery with its High Island 74 #2 well. Completion operations are underway on an 85' net gas zone in the "Cris R" interval. This will be the 21st well in which EEI has earned an Overiding Royalty Interest (ORRI) since start-up in 2000. The 2004 ATP High Island 74 #1 continues to produce from a "Rob L" sand.
March 15, 2006 EEI had four Prospects bid on by Partner companies with winning bids on two offshore blocks at the 2006 Central Gulf of Mexico Federal Lease Sale. These new blocks bring the EEI portfolio to a total of 45 acquired leases since start-up in 2000.
January 9, 2006 David Hruzek has joined EEI as an Geophysical Consultant. Formerly with Mark Producing, Anadarko, and Spinnaker, David brings a wide range of technical skills and Gulf of Mexico knowledge to EEI.
August 18, 2005 LLOG Exploration Company has Temporarily Abandoned the Matagorda Island 617 #1 well. Additional study is expected before a decision is reached on a completion strategy.
August 17, 2005 EEI had 12 Prospects bid on by Partner companies with high bids on nine offshore blocks at the 2005 Western Gulf of Mexico Federal Lease Sale. These new blocks bring the EEI portfolio to a total of 43 acquired leases since start-up in 2000.
July 8, 2005 Tarpon Operating has successfully completed a 50' oil zone in the "Siph D-4" sand with the Mustang Island 726 #A-1. This is the 20th well in which EEI has earned an Overiding Royalty Interest (ORRI) since start-up in 2000.
July 7, 2005 LLOG Exploration Company has successfully completed a 40' gas zone in the "AA 10" sand with the Garden Banks 205 #3 well. This is the 19th well in which EEI has earned an Overiding Royalty Interest (ORRI) since start-up in 2000.
May 16, 2005 Marc Russell, a University of South Carolina Geology Graduate Student joins EEI as a summer intern. Marc will perform a broad offshore operator analysis, convert all EEI prospecting files into a Geographic Information System (GIS) database, and map leads for the upcoming Federal Lease Sale.
April 7, 2005 EEI adds a new consultant to its ranks. Bob Bethancourt joins as a Senior Petroleum Engineering Consultant. He is a proven expert and will perform more detailed reservoir performance analyses and full-cost economic modeling on all EEI prospects.
March 16, 2005 EEI had six Prospects bid on by Partner companies with winning bids on three offshore blocks at the 2005 Central Gulf of Mexico Federal Lease Sale. These new blocks bring the EEI portfolio to a total of 34 acquired leases since start-up in 2000.
February 1, 2005 EEI completes negotiations with its fifth joint venture seismic partner. These strategic partnerships allow EEI to access 3D seismic data in over 80% of the the offshore Gulf of Mexico to support its prospect generation efforts.