Marathon Oil announced today that they have secured a large position in the Louisiana Austin Chalk Play. Leases recorded in the courthouse indicate that they've accumulated approximately 180,000 acres in southeastern Rapides, northern Evangeline, and southwestern Avoyelles Parish. Their block exists both north and south of the Fredericksburg Shelf Edge.
It will be interesting to compare the different rock types and subsequent results from the LA-West and LA-East.
Congratulations to Marathon and welcome to the play.
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