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re: Goodrich grabs big stake in Tuscaloosa formation

Posted on 7/24/13 at 2:49 pm to
Posted by tiddlesmcdiddles
Lafayette, LA
Member since Apr 2013
1719 posts
Posted on 7/24/13 at 2:49 pm to
quote:

This increases the company's total Tuscaloosa Marine acreage to 320,000 net acres. The shale, which covers part of Louisiana and Mississippi, produces about 750 barrels of oil per day.


seems rather low doesnt it?
Posted by dewster
Chicago
Member since Aug 2006
25445 posts
Posted on 7/24/13 at 3:23 pm to
They are now the single largest player in the formation....definately a major commitment on their part.

It vastly expands the acerage under active lease in East Feliciana, St Helena and Tangipahoa. Not as much on the MS side and nothing west of the river.

Goodrich has found success in Amite County.
This post was edited on 7/24/13 at 3:36 pm
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