Thursday, October 2, 2008

Cotton Valley & Haynesville Shale Discoveries 10/02/08

Southern Star Energy came out with the following news on a new Cotton Valley Formation discovery. They will also be drilling down into the Haynesville Shale.


Southern Star Energy Inc. (OTC Bulletin Board: SSEY - News; the "Company"), a fast-growing E&P company with reserves and production from leases located in northern Louisiana, today announced that it has successfully drilled and logged the targeted Cotton Valley interval in its Atkins-Lincoln 17-2 Well with positive results. The well reached planned intermediate pipe depth of 9,500 feet on September 26, 2008. Subsequent to logging the Cotton Valley and shallower horizons, 7-inch casing was set at 9,500 feet and the well is drilling ahead to test the Haynesville Shale at a planned total depth of 11,000 feet. This well is strategically located in the center section of the Company's Sentell Field in Bossier Parish, Louisiana. The Atkins-Lincoln 17-2 is the second well in the Company's 2008 development program and the first of two Haynesville Shale vertical test wells in the Sentell Field planned this year.

Full Article Here

For more on the shale plays in the USA and Canada, visit www.oilshalegas.com