Mainland Resources owns a 38.2% working interest in the Stevenson Douglas 16 #1 well.
The company added that its operator has spud the International Paper Co et al 12 H-1 well also located on its Louisiana leases. The well reported at a depth of 9,330ft as of February 8, 2010. This is the fourth Haynesville shale well to be drilled and the company owns a 30% working interest in and to the well.
The fifth Haynesville shale well on its DeSoto Parish leases is on the drilling schedule to be drilled approximately April 1, 2010. The company holds a 20.58% working interest in and to that proposed well.
The Griffith 11H #1 and the Dehan 15H #1, Mainland’s first two completions in the Haynesville, are currently producing to sales.
