Mainland Resources has signed a marketing services agreement (MSA) with SEI Energy to increase its gas marketing options in Haynesville Shale operating area.

As per the MSA, SEI will advise Mainland on natural gas liquids marketing options.

It will also analyze the Buena Vista area gas marketing conditions and outlook, availability of treatment facilities, pipeline availability and capacities, system pressures, gas quality specifications, midstream/gathering and downstream installation options, pricing strategies, potential markets, among others.

The MSA’s term is for the latter of a period of one year or until Mainland delivers its first production.

According to the MSA, the two parties have entered into a Natural Gas Purchase Agreement (GPA) before Mainland starts production.

The GPA will have some pre-agreed clauses and includes SEI’s obligation to provide optimal gas price value for Mainland.