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Mainland Acquires More Mississippi Property

by Kenneth E. DuBose on August 3, 2010

Mainland Resources announces Western Mississippi property acquisitions:

Mainland Resources, Inc. has acquired a second target prospect for exploration of oil and gas formations in Western Mississippi. The Company has acquired a 100% working interest in approximately 1,260 net leasehold acres in Western Mississippi, within the same general geological region as the Buena Vista Project in Jefferson County, Mississippi. Mainland is currently testing the Buena Vista Prospect with the drilling of its Burkley-Phillips No.1 well. The well was spudded on July 21, 2010 and has a projected drilling depth of 22,000 feet, which will test the Haynesville Shale and potentially shallower productive formations.

Full Article: Mainland Resources Acquires Mississippi Property – Prnewswire.com

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