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flipper4

05/17/12 7:38 AM

#6626 RE: Ecomike #6625

FYI....looks like Mainland will get a one year extension (starting in July)from their lease holders at around $75/acre. Mainland claims to have a major investor lined up to complete the well who won't release the funds until it has assurances that the lease holders will extend the lease. There are some issues with the wording of the lease but it appears that everyone will come to terms shortly.