Replies to This Discussion

Permalink Reply by rusell shleby on November 6, 2010 at 4:15

Read back at my earlier post and you will find where the acres were mentioned for sale.

Permalink Reply by rusell shleby on November 6, 2010 at 4:19

And to add to that the acres were sold for 600.00 a acre. He was asking 43,520, which was 640.00 a acre. Bob could probally send you all the information you would need to clarify this up. As he all the information, or better than that email me and I will send it all to you.

Permalink Reply by Bob Nies on November 7, 2010 at 15:50

I have been away hunting in Canada, so I was surprised to see my name mentioned in your post when I got back today. I did respond to a poster who mentioned term royalty for sale (and Skip subsequently admonished). I received the attached which is quite interesting and informative, however, my partner had already left town and by the time I got it to him it was too late to act on it. It is definitive in many aspects.

Attachments:

• Buena Vista Summary and Plat OCT 15 2010.pdf, 1.9 MB

Permalink Reply by rusell shleby on November 8, 2010 at 1:50

Bob,

Thanks, I think some of this is still available. Im not promoting the sale of any of this. Just informing people that there ar royalities for sale that have nothing to do with Mainland.

Thanks

Permalink Reply by FXEF on November 6, 2010 at 4:13

Skip,

So much chatter about MNLU financial state, you might think this was MarketWatch. LOL!

Did you get a scout report for the Burkley-Phillips #1 this week?

Permalink Reply by Skip Peel - Mineral Consultant on November 6, 2010 at 7:10

Burkley-Phillips #1 reported 105 days drilling ahead @ 18,404' on Nov. 5.

Permalink Reply by FXEF on November 6, 2010 at 12:57

Skip, thanks for the report.

Permalink Reply by Dennis Dion on November 8, 2010 at 6:57

JEFF Have you ever experienced drilling at 18000 feet at such a slow rate (40 ft/day) ?? Is it the driller or is it high gas pressure or something else?

Permalink Reply by ron ennis on November 9, 2010 at 12:28

COULD BE A NUMBER OF THINGS,,,ANYONE HEARD DEPTH LATELY??

Permalink Reply by Skip Peel - Mineral Consultant on November 9, 2010 at 12:39

ron, I post it each week. You have to look at the last few pages of the thread as members often come back and place comments in portions of the thread that are days old. That can make it a little hard to find.

Burkley-Phillips #1 reported 105 days drilling ahead @ 18,404' on Nov. 5.

Permalink Reply by Skip Peel - Mineral Consultant on November 10, 2010 at 2:48

press release

Nov. 10, 2010, 8:00 a.m. EST
Mainland Resources, Inc. Engages Ryder Scott Company and Subsurface Consultants & Associates, LLC to Perform Resource and Exploration Potential Studies in East Holly and Buena Vista Operating Areas.

HOUSTON, Nov. 10, 2010 /PRNewswire via COMTEX/ -- Mainland Resources, Inc. (the "Company" or "Mainland") /quotes/comstock/11k!mnlu (MNLU 0.30, 0.00, 0.00%) (frankfurt:5MN) has engaged two companies to perform two independent expert studies to define resource and exploration potential in two of its operating areas:

In the Company's East Holly operating area in De Soto Parish, Louisiana, the Company has engaged Ryder Scott Company to quantify its resources in the Hosston and Cotton Valley intervals encountered while drilling five wells to develop the Haynesville formation. The Company owns approximately 2,640 acres in this area with a working interest of 100%.

In the Company's Buena Vista operating area in Jefferson County, Mississippi, the Company has engaged Subsurface Consultants & Associates, LLC (SCA) to analyze the exploration potential of the Lower Tuscaloosa Massive Sand encountered while drilling the shallow section of the Burkley-Phillips #1 well. The Company is currently drilling the Burkley-Phillips #1 well at 18,619 feet as of November 8, 2010 with the objective to drill to a programmed depth of 22,000 feet to test the Haynesville. The Company owns approximately 17,800 contiguous acres in this area with an average, post American Exploration merger, working interest of approximately 92%.

Nick Atencio, CEO, states, "The engagement of these well known and respected companies will assist us in further defining the resource and exploration potential of specifically identified assets within our existing portfolio. This will allow Mainland to more confidently quantify these assets and define appropriate action plans for each."

About Mainland Resources, Inc.

Mainland Resources, Inc. is a company engaged in the exploration 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.

Symbol: MNLU - OTCBB, Symbol: 5MN; Frankfurt, WKN No.: A0ND6N

Permalink Reply by macrobend on November 10, 2010 at 7:30

Chevron drilling logs indicate existence of liquid hydrocarbon in the Burkley Phillips #1 well at the depth Mainland is currently drilling! Does anyone have any additional information on that? If that is the case, is the oil recoverable? Any response would be appreciated. Thx

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