Haynesville Shale: Oil and Gas Mixture?

As per this article:

http://www.reuters.com/article/rbssIntegratedOilGas/idUSBNG30249620...

"Advances in drilling and high oil and natural gas prices have triggered a frenzy of exploration activity among energy companies in "unconventional" fields like the Haynesville, where oil and natural gas are locked in substances like shale that were once considered too costly for drilling."

This isn't the first time I have heard of oil being under / around the natural gas. Is there any substance to these rumors? What are the implications? Will the oil companies be moving around next to lease oil drilling rights?

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