Mainland Resources, Inc.(fka MNLU)

[choctaw 02]

Found this blurb in a magazine.
In western Mississippi, a potential Haynesville Shale prospect is being drilled by Mainland Resources in Jefferson County. The company spudded its 1 Burkley-Phillips in late July on its Buena Vista prospect. The vertical well has a projected total depth of 22,000 feet to test the Haynesville and potentially shallower productive zones. According to data received by Mainland, 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 in Louisiana and Mississippi with an estimate in place resource of 48 billion barrels of oil.
http://www.fwbog.com/index.php?page=article&article=259