Replies to This Discussion

Permalink Reply by Two Dogs, Pirate on August 1, 2010 at 12:26

Before my back got screwed up I would fish for small mouths in the creeks that flowed into Little River just North of Catahoula Lake in LaSalle Parish.

Permalink Reply by Spring Branch,mineral owner on August 1, 2010 at 12:07

Skip, watch out for cottonmouths!

Permalink Reply by Skip Peel - Mineral Consultant on August 1, 2010 at 12:23

SB, saw one that was longer than the length of my arm but as thick as my forearm. As you know, there is a surprising number of mocassins in the Ouachitas. The locals call 'em dry land mocassins but they still don't get too far from water even if its a small mountain stream. I spent this morning trimming the buck brush around my friend's pond from a boat. The growth had reached the point where you couldn't get a bait within five feet of the bank.

Permalink Reply by Two Dogs, Pirate on August 1, 2010 at 12:41

Skip, is that a snake that is sometimes called a stump tail moc? Can't remember the length of your arm, saw it a time or two but I ain't no arm man. My arm is kinda long and I have never seen a stump tail long as my arm but I ain't no logger. If we are talking about the same animal, then that is one bad snake.

Permalink Reply by Skip Peel - Mineral Consultant on August 1, 2010 at 13:56

24 inches, give or take, TDP. I have not heard 'em called stump tail but the description sure fits. Montgomery County is lousy with Copperheads which account for the majority of snake bites. Lots of rattlesnakes but few reported bites. The Mocassins are the really bad ones but you just have to be careful if you want to enjoy the great outdoors.

Permalink Reply by Michael Lowe on August 2, 2010 at 14:11

Well we all will know one of these days-----being raised in Natchez it would be nice if something would become of this. Funny even in the year 2010 this business is still full of suprises. For me----well I am just going to pray that good things happen. After that, I am going to leave it up to you folks with all the degrees----I am just a plain ole fellow with a plain BA.

Thanks for the weekly drilling reports. Good luck to all......................

Permalink Reply by Two Dogs, Pirate on August 2, 2010 at 14:24

Hey, Michael it is coming your way, so don't sweat the small stuff, just be patient. I want everyone to post their questions here on GHS, just consider the source of the answers you get back. Don't let anyone offend you because they may not have understood your question. Just lay back and ride the GHS wave.

Permalink Reply by Long Shot on August 2, 2010 at 15:14

Two Dogs; good advice you gave Michael-good for me also.

Permalink Reply by Two Dogs, Pirate on August 2, 2010 at 15:20

Thanks, Long Shot.

Permalink Reply by Skip Peel - Mineral Consultant on August 3, 2010 at 2:12

JT, if the shale that Mainland targets is anything like the Haynesville, there is no prospect of it "coming in big" as it is a vertical well and Mainland does not have the operational expertise to drill horizontal completions in tight shale formations. IMO, this is an "exploration well" and Mainland hopes to obtain logs and cores that will look good enough to attract an experienced operator to develop their leasehold. Besides lacking experience, Mainland does not have the financial clout to fully develop the lease block they have built. One of the reasons they are permitted to 22,000' may be that they are hoping to find multiple potential target formations as it would be unwise to rely solely on the prospective nature of the shale they are targeting to prove the value of their leasehold. If Mainland was successful in attracting an experienced operator, it would still take multiple wells across the ~18,000 acres leased to define the play and establish economic viability. As to a paradigm shift, well it depends on how far outside of those 18,000 acres one would care to extrapolate the pertrophysical characteristics of the formation. Even under a best case scenario, that's an extremely iffy proposition.

Permalink Reply by Skip Peel - Mineral Consultant on August 3, 2010 at 2:16

Hot off the presses, so to speak, this morning. LOL!


Mainland Resources, Inc. Acquires Second Oil and Gas Target in Western Mississippi


HOUSTON, Aug. 3 /PRNewswire-FirstCall/ -- Mainland Resources, Inc. (the "Company" or "Mainland") (OTC Bulletin Board: MNLU, Frankfurt: 5MN) has acquired a second target prospect for exploration of oil and gas formations in Western Mississippi.

The Company has acquired a 100% working interest in approximately 1,260 net leasehold acres in Western Mississippi, within the same general geological region as the Buena Vista Project in Jefferson County, Mississippi.

Mainland is currently testing the Buena Vista Prospect with the drilling of its Burkley-Phillips No.1 well. The well was spudded on July 21, 2010 and has a projected drilling depth of 22,000 feet, which will test the Haynesville Shale and potentially shallower productive formations.

This new acreage acquired by Mainland is similar to the Buena Vista prospect, as the prospect was originally developed by a major oil company to drill a 20,000-foot plus well in the early 1980s. The deep test drilled was not successful in establishing production in the deep target zone. However, the driller encountered four to five shallower zones that did calculate to be potentially productive. These zones were not of interest in the early 1980s because the major oil and gas companies were looking for very large reserves at the time, and the market prices for fuels could not justify completing costs in these shallower zones.

According to data received by the Company, there is a gas zone at approximately 15,000 feet that had good porosity and mud log shows. There are three to four different Tuscaloosa oil zones between 13,000 feet and 14,000 feet that had good mud log shows and porosity. All the zones calculate to be potentially productive.

This interval includes the Tuscaloosa Marine Shale, an oil-bearing shale known to cover fourteen parishes and counties in Louisiana and Mississippi.

Mainland President, Mike Newport states, "This is another solid prospect for exploration by Mainland that's very similar to the Buena Vista. The 1260 net acres would support two gas wells at the depth of 15,000 feet. In the event the oil zones are productive, they could support as many as 15 to 16 locations on each of the four oil bearing zones."

About Mainland Resources, Inc.

Mainland Resources is a company engaged in the exploration and development of oil and gas resources. The Company's current initiatives are focused on the acquisition and development of leases in emerging gas regions with the potential for discoveries including the Haynesville shale.

Permalink Reply by Highwayman on August 3, 2010 at 2:33

Couldn't the lack of "operational expertise" be remedied by hiring contractors and consultants with this expertise? When you really look at it, actual gas company personnel do very little of the work. It's mostly done by consultants and contractors, like "independent landmen".

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