Mainland Resources, Inc.(fka MNLU)

[Ecomike]

I am no expert in this, but I suspect from what little I have read is that MNLU is going to plow some of that 27 mil into the new wells on land AEXP is holding. AEXP was an engineering firm, then did an upgrade ( I forget the exact details) and took over a bunch of land and was raising money for the early wells. I think early AEXP investors got on board because of the AEXP people's experience (O&G engineers?) and the land deal they made.

This says they have an option for more land

http://www.americanexplorationcorp.com/projects.htm

5000 acres may be what I was recalling. For the amount of NG that area is expected to yield, 5000 acres sounded like a lot to me!

News history:

http://www.americanexplorationcorp.com/news.htm