Mainland Resources (MNLU.OB) on Track and on Time with Haynesville Shale Drilling
Mainland Resources Inc. is an oil and gas exploration company focused on acquiring and developing leases in emerging gas regions, with a primary focus on the Haynesville Shale in Mississippi. The company today announced it has penetrated the top of the target Haynesville Shale at a depth of 19,980 feet at its Burkley-Phillips #1 well on the Buena Vista prospect, which was developed to explore this largely unexplored section of the Haynesville Shale. As of today, Mainland is drilling ahead at 20,078 feet on its vertical well and the company said it remains on track to reach the programmed depth…