Replies to post #4561 on Mainland Resources, Inc.(fka MNLU)

[Ecomike]

Thanks for the update and reminder. I had always suspected the oil, but Gerry had told me the current well was a dry well, no oil, no condensates, but he and I never discussed the other levels, depths, or that the cores showed oil at other depths!!!!! Confirmation of commercial quantities is good news!

[ONGBest]

There has always been oil on that property. There was a producinng well in the late 70s / early 80s within a few miles of BP#1. No surprise, but the gas reserves have the best data, so thats what they have to go with up front. Imagine telling your grandkids that you bought stock in an Oil company at 17 cents a share. Cheers:-)