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Welcome to Kelly Resources, Ltd.
Since our inception in October of 2001, Kelly Resources, Ltd. has emerged as a significant
Exploration and Production company throughout the Gulf Coast region. Kelly Resources’
highly touted
discovery in Corpus Christi, Texas has positioned us for a promising
future. Kelly Resources has controlling interest in what we believe to be a potential
50 BCF Field. We currently have interest in four wells with an expected spud date
between
August and September of 2006. The potential reserves of these projects could exceed
150 BCF and 2 MBO. Kelly Resources will be drilling the Conn Brown Harbor
#1 late this year with potential reserves over 100 BCF and 11.4 MBO.
Kelly Resources has begun incorporating royalties as a hedge against our drilling
programs. We recently purchased overriding royalties in Galveston Bay, as well as
the prolific Lake Sabine area.
Kelly Resources believes that by obtaining royalty
positions in high reserve fields, it will enable us to move forward with our drilling
programs and provide a safeguard against our exploration programs. We believe that
with the contacts currently available to our company, Kelly Resources can provide the best projects available in the industry. Although drilling for
hydrocarbons is risky, by utilizing state of the art technology accompanied by
the best geologists in the Gulf Coast, we are excited about the future development
in these regions. |
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