Share 'Marathon Suspends LA AC Activity Immediately'
Marathon has elected to suspend their Resource Play Exploration (REx) drilling and leasing activity due to the oil price collapse. This includes the presently drilling Crowell well in Rapides Parish. Not a shocking development, but the economics just don't merit capital when capital is so limited in this environment.
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As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More