Southern Star Energy specializes in the acquisition and drilling of under-drilled oil and natural gas properties. So far this tactic has minimized the risk to the company and new technologies have made drilling processes more efficient.

The Haynesville Shale is considered the fourth largest natural gas field in North America, making it an obvious attraction to numerous exploration companies. One such company with the shale on its radar is Mainland Resources (OTCBB: MNLU), a junior company engaged in the acquisition and development of leases in the Haynesville Shale.

As commodity oil and gas prices move near their historic highs, new junior oil and gas exploration and development companies have been working to take advantage. Many of the people interested in working the oil and gas exploration and development pipeline are eager to profit but lack the capital and know-how to get the job done.