re: Tuscaloosa Marine Shale

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I'm not sure where you are getting your information, but there are currently two wells producing in the TMS that I know of. One of which is doing ~1,000 bpd and the other is doing ~280 bpd. The latter is only 5 stages, hence the low bpd.

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I noted there had been no commercial wells to date, as obviously there have been some wells which have produced oil including the Encore activity in 08. Nothing has been released by any of the players who are currently active, and until the data hits Sonris we have no idea how to know for sure. Also, until somebody has access to an AFE it's an unknown exactly what these wells are costing. If it's $10 million plus to drill and complete there has to be a slow enough decline curve to justify continued activity. If people dig between the lines in some of the unconventional plays more of these wells are more economically marginal than public companies sometimes indicate.