Louisiana Oil Shale play projects move forward

Plans are being made to develop in the Tuscaloosa Marine Shale.  Devon Energy has leased 250,000 acres in the region. Denbury Resources also announced a joint venture with an unnamed partner to complete one well and drill another.  An independent, Amelia Resources, had a deal in the works with an undisclosed partner to develop about 110,000 acres it has leased.