I was encouraged until I read that the wells were in South Texas. Marathon hasn't drilled a LA well since 2007.
The technique for fracturing horizontal laterals was developed and perfected in Texas from all accounts. The powers that be think the same thing will work on the Austin Chalk formation in Louisiana. They are probably right. The more acreage you own in Louisiana, the more right they are...
Well, for all the hopes and dreams for a good well, the answer is blowin' in the wind.
Guys, this is a 2015 discussion thread. Come on over the new ones.