Southern Star Energy Inc., a fast-growing exploration and production company with reserves and production from leases located in northern Louisiana, today announced that it has successfully drilled and logged the targeted Cotton Valley interval in its A.S. Burt 20-1 Well with positive results. The well reached planned intermediate pipe depth of 9,530 feet on November [...]

Mainland Resources, Inc., a Nevada corporation reports that its JV Partner and operator has commenced drilling operations on the first JV well to evaluate potential of the Haynesville Shale gas formation on Mainland’s Louisiana leases.
Mainland Resources, Inc. holds interest in approximately 2,695 net acres, which form part of the East Holly Field in DeSoto Parish, [...]

Dynamic Resources Corp. has been informed by the operator of its Sentell Field project that it has successfully drilled and logged the targeted Haynesville interval in its Atkins-Lincoln 17-2 Well with positive results. The well reached a total depth of 11,300 feet on October 14, 2008. This well is strategically located in the center section [...]

Petrohawk Energy Corporation announced that it will reduce its 2009 capital budget by a third and reallocate spending to more heavily weight projects with the highest internal rates of return and highest potential for reserve growth, namely, development in the Haynesville and Fayetteville Shales.
The shift allows the Company to further affirm its strong capitalization. The [...]

Southern Star Energy Inc., a fast-growing E&P company with reserves and production from leases located in northern Louisiana, today announced the Company experienced no interruptions in field operations, production, or drilling operations during or following the passage of Hurricane Gustav and Hurricane Ike. The Company experienced no damage to field equipment, and there were no [...]

Dynamic Resources Corp. announced that it has entered into a US$ 6,000,000 loan to fund its on-going development costs at its Sentell Field in Louisiana. The secured 4% convertible note has a 4-year term, and is convertible into 40,000,000 common shares at a conversion rate of US$0.15 per share, subject to adjustment in certain circumstances. [...]

Mainland Resources, Inc., a Nevada corporation has signed a Letter Agreement to acquire 5000 net acres in Mississippi where the Company plans to drill the first test well to evaluate the potential Haynesville Shale gas formation in the region.
Under the terms of the Letter Agreement, Mainland Resources, Inc. will acquire 100% Working Interest and 75% [...]

Goodrich Petroleum Corporation announced that it has received its fully engineered mid-year 2008 reserve report, completed the acquisition of additional acreage in the Angelina River Trend in Nacogdoches County, Texas and provided a Haynesville Shale activity update.
MID-YEAR RESERVES
The Company has received its fully engineered mid-year reserve report from Netherland, Sewell & Associates, Inc. with an [...]

Southern Star Energy Inc., a fast-growing E&P company with reserves and production from leases located in northern Louisiana, today announced the successful drill of the Cash Point 30-1 Well, which reached planned total depth (TD) of 9,500 feet on August 27, 2008. This well is located in the southern section of the company’s Sentell Field [...]

Precision Drilling Trust and Grey Wolf, Inc. announced that their Board of Trustees and Board of Directors, respectively, unanimously approved a definitive merger agreement pursuant to which Precision will acquire Grey Wolf.
The combination of Precision and Grey Wolf will have land drilling operations in virtually every conventional and unconventional oil and gas basin in [...]