It appears that another Gulf of Mexico player as come onshore. Contango Oil & Gas Company has announced a lease position in the TMS.
"In addition to our planned activities in the Gulf of Mexico, we have invested
approximately $5 million to lease approximately 14,000 acres in the Tuscaloosa
Marine Shale ("TMS"), a shale play in Louisiana and Mississippi, with an option
to purchase approximately 10,000 additional acres. The TMS is an oil focused
play and we intend to watch the play develop before we commit to drilling any
Contango's recorded leases are in Concordia, Avoyelles, and W. Feliciana Parishes.