The following video is part of our "Motley Fool Conversations" series, in which analyst Paul Chi and analyst Joe Tenebruso discuss topics across the investing world.

The Mississippi Lime is not a shale play, but it's still gaining industry attention as an emerging oil play. SandRidge, one of the leaders here, has had much success pulling oil out of the ground thus far, and the economics are compelling. In today's edition, Joe and Paul discuss the importance of the Mississippi Lime play and some companies that are worth watching as the play develops.

Joe Tenebruso has no positions in the stocks mentioned above. Paul Chi owns shares of Chesapeake Energy. The Motley Fool owns shares of Devon Energy. Motley Fool newsletter services recommend Range Resources. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.