Mainland Resources, Inc. is an independent oil and gas exploration, development and production company formed in early 2008. The Company is developing the natural gas potential of leases in the northern Louisiana Haynesville Shale play and intends to immediately explore the potential for further extensions of the Haynesville shale in Mississippi.

The northwest Louisiana region was transformed in 2008 with prolific gas discoveries in the Haynesville, Cotton Valley, Hosston and Bossier formations. Following announcements by Chesapeake Energy, the play emerged as one of the country’s new great gas discoveries. It is now considered to be the fourth largest gas field in the world and a hugely successful gas play controlled by major producers. The Haynesville is expected to ultimately bring in over 160 Tcf of gas, which would make it the largest shale resource in the country.

Mainland Resources, Inc. and its joint venture partner and operator, Petrohawk Energy drilled four Haynesville wells to date and have successively brought wells on-line with a 100% success rate. The Company sold off its 40% interest in its Louisiana Haynesville production to single company in early 2010 for just over $27 million.

With a solid asset base to draw upon and years of experience in developing shale-gas wells to its credit, Mainland Resources, Inc. has launched two major drilling initiatives for 2010: Mississippi and Louisiana.

Mainland’s Mississippi prospect is situated on what it believes is an undiscovered Haynesville shale structure based on proprietary information gained from previous drilling. Mainland is moving immediately to validate the shale-gas production in the order of the Louisiana Haynesville shale or larger. Drilling is currently slated for the second quarter of 2010.

The Company’s Louisiana efforts are now focused completely on drilling the productive Cotton Valley/Hosston zones (above the Haynesville) where Mainland owns 100% of the production. Mainland plans to begin new well development drilling these zones by the second quarter of 2010.

Mainland’s management is committed to building value and by reinvesting its rapid revenue growth to further all of its shale gas assets.

Mainland Resources, Inc. is a public company traded on the OTC Bulletin Board under the symbol OTC BB-MNLU.