If you google "eagle ford shale", there are tons of articles on it. It seems to be the next big thing in the US gas industry? Large companies are accumulating acreage.
Even though AZZ is targeting the Edwards Limestone formation with this well they are obviously looking to evaluate the eagle ford shale in light of the tremendous interest in the play.
After realising this I re-read a few announcements and this particular announcement became more exciting: http://www.gtp.com.au/antaresenergy/inewsfiles/2009%2004%2023%20Petrohawk%20Eagle%20Ford%20Agreement.pdf
Anyway, let's just hope we get some gas shows to get things started. : )
Regards, Whippet
AZZ Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held