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TUSCALOOSA MARINE SHALE TREND 

As of September 30, 2016, we held approximately 235,000 gross (167,000 net) acres in the Tuscaloosa Marine Shale located in Southeastern Louisiana and Southwestern Mississippi.  Meaningful position we intend to retain in the Tuscaloosa Marine Shale trend for future development once oil prices recover to a price that will allow the Company to generate sufficient rates of return.

 

TMS Overview December 8 2016.png

 Note:  Red stars represent wells with IP 1,000+ Boe/day.  Green dots represent GDP wells waiting on completion.