2017 Air Max Sale
get that from them, but there's a chance there may be."
Developers say Tangipahoa Parish sitting on oil
According to LSU geologists, that land may contain 7 billion barrels of oil, and new technology may allow that oil to be safely and effectively collected.
Beginning early in the year, Tangipahoa landowners along the Tuscaloosa Shale were offered money for their mineral rights.
north Tangipahoa Parish," said Tangipahoa Parish Economic Development Director Bob Basford.
"Are we excited about it?" Bob Basford asked. "Absolutely. Are we optimistic? Cautiously optimistic, yes."
"The contract reads oil, gas and sulphur," Ellis Verdin told Eyewitness News back in February. "Any mineral rights like this." Verdin owns 62 acres east of Amite. He said he was offered $100 an acre for his mineral rights, and one sixth of the royalties.
"There are Tangipahoa Parish citizens and landowners that have more cash in their hands for Christmas had this not happened, significantly more," Basford said. "But that's nearly what we're looking for. That's not the workforce creator, the business investment creator, that we're looking White Nike Air Max Womens Ebay
"The sweet spot, if you will, of the Tuscaloosa Marine Shale find, is in Nike Air Max Neon Green
"It doesn't create jobs on a one time hit," Basford said. "It creates a decade's worth of production and jobs. The wells can be fracked and then they can be refracked and then the pipelines that will carry to product to a refinery, for example, have to be constructed. That sort of thing. That will take a long time, and create lots of jobs."
A spokesperson for Devon Energy told Eyewitness News by phone Friday that because the Tuscaloosa Marine Shale in Tangipahoa Parish is a new plate, a new oil bearing formation, it's unchartered territory. The spokesperson called it a learning process, and wouldn't put a timetable on it.
The selling of mineral rights was an economic boost for Tangipahoa Parish, but what 2017 Air Max Sale Bob Basford described as a "minor boost."
The job creation comes, according to Basford, with the actual finding of oil, and if the exploration finds what they expect to find.
The well in Fluker is massive, 142 feet tall. It's a combined effort from Devon Energy of Oklahoma City and Nabors Drilling of Houston.
for in the Economic Development Organization."
"It's explorational," Verdin said, "but they have a pretty good idea that there may be something here. It's not a definite. I didn't Nike Air Max Models History
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