Friday, June 13, 2008

Haynesville Shale Natural Gas Field

For the full article.....click here
http://blackberrystocks.com/haynesvilleshale.html


The Haynesville Shale Play Discovery Project is based on shale as the subsurface source of natural gas which is located in Louisiana.

The shale is a rock formation composed of clay-sized particles deposited and buried in the north Louisiana geological area more than 170 million years ago during the Jurassic time.
This area has been one hot play for Natural Gas Companies as this shale could contain a lot of Natural Gas.
Many companies started buying acres of land in and around this area two years ago in hopes to strike it big. Petrohawk was already drilling a gas deposit known as Cotton Valley, a separate deposit that runs roughly 3,000 feet above parts of Haynesville’s deposits, when it became aware of Haynesville in 2006.They must use special technology to access this project as it is below 10,000 feet.