Mainland Resources, Inc.(fka MNLU)

[choctaw 02]

Geologically speaking no additional perspective.
I bought my first shares of MNLU on 9/15/09 at $1.40 sh. and continue to buy when I can (avg. .50 now).
I also owned Gastar when their only play was the Deep Bossier in East Texas. They are into the Marcellas as well now.
Gastar is working the same general area in the Deep Bossier as Leor Energy was. Leor Energy sold their properties to EnCana but before they did they were bringing in wells in excess of 50 mmscfd.
MNLU has stated from the very beginning that they were patterning the Burkley-Phillips after these Deep Bossier wells in East Texas and now according to their 2/23/11 press release they have hired the very same individual that designed the fracture stimulation of LEOR's wells to do ours.
http://www.encana.com/news/newsreleases/2007/P1194231494365.html