Mainland Resources, Inc.(fka MNLU)

[Ecomike]

Yes, but this not a usual well. It will have no horizontal parts. It has a 2000 ft vertical section, and the shale in this section is naturally fracked, and they will do a vertical frac to increase its flow.

If there is CO2 or H2S, yes it can be removed. But the tests did not show any significant amounts of either in this well.

It is my understanding that the blow out potential was highest while drilling the well, and is no longer a real concern. I also don't think they are expecting any significant water at that depth and temperature. In fact at that depth (temperature and pressure) I believe any water would not be liquid, but we a gas like "super critical fluid", or near enough that it would not be a liquid in the shale at those conditions, and thus maybe not a problem, even if there was water lurking nearby? Maybe the oil and gas experts here can comment on that?