Mainland Resources, Inc.(fka MNLU)

[flipper4]

Wow!....I haven't been here in a while. I'm surprised to see posts as recent as 2/20/14. Why is that? Mainland went belly up quite a while ago.

Anyhow, just as an update for those interested. Mainland is out of the picture other than the 'well' liens against them. It hasn't been capped yet and there are some interested parties to complete it. If an agreement is made to satisfy the liens, the well may be resurrected. Then again....we have been waiting for our field to be developed for 50/60 years?....who knows what will come of it.

The well is so deep that it needs special non corrosive pipe. Mainland actually ordered it from Japan (a few weeks before the tital waves) and that compounded the problem. The pipe finally got delivered but Mainland was gonso by then.

Anyhow...satisfy the lien, pay for the pipe and a company is back in business. If it does go public (doubtful), I'll report it back to you.

Adios