Mainland Resources, Inc.(fka MNLU)

[geopressure]

We are waiting on a coiled-tubing completions rig and a frac-crew to frac & complete the well. This will greatly enhance the gas's ability to negotiate passage through the formation and into the well-bore. After this step is complete a Well-Testing Company will rig up a series of chokes/manifolds to the well-head. Then, they will allow the well to flow a various, pre-determined flow-rates for a set amount of time. Pressures will be recorded constantly during the Well-Testing, with focus on the draw-down pressure associated with each flow-rate tested. This information will help MNLU determine the well capability and choose the optimum production rate. The Mississippi Oil & Gas Board will also review the results of the well-test prior to approving MNLU's desired production rate.