Mainland Sees Opportunity if Haynesville Drillers Struggle to Retain Leases

In the SNL Energy’s Daily Gas Report issued today, Mark Hand wrote about Mainland Resources Inc. and their involvement in the Haynesville Shale. Mainland Resources is a independent junior player with an exciting position in the Haynesville Shale play.
Most drilling companies have a three year lease on land and Mike Newport of Mainland Resources says: [...]

Natural Gas Industry Slow to Apply Brakes

In the New York Times this past week, they ran an article called “Natural Gas Industry Slow to Apply Brakes’. The article noted that natural gas prices are about a third of what they were last summer. Despite the drop in natural gas prices, companies like Mainland Resources Inc., Chesapeake Energy and Devon [...]