From Platts Oilgram News:
Shares of McMoRan Exploration jumped more than 12% June 29 after the company announced that additional drilling has confirmed its geological theories about the high potential of drilling ultra-deep natural gas prospects in the shallow waters of the Gulf of Mexico.
Hype, reality, or something in-between? One has to weigh the resource promise against the operational challenges, high costs, and gas market uncertainties.
Bud's Offshore Energy (BOE) 
The onshore shale gas developments have to have a long term impact on the feasibility of offshore ultra deep gas.