Mainland Resources, Inc. Approves $8.5 Million Expenditure for Haynesville Shale...

Mainland Resources, Inc. Approves $8.5 Million Expenditure for Haynesville
Shale Drill Test in Louisiana

HOUSTON, June 19 /PRNewswire-FirstCall/ -- Mainland Resources, Inc., a
Nevada corporation (the "Company") (OTC Bulletin Board: MNLU) (5MN-Frankfurt)
has approved the Authority For Expenditure (AFE) to cover expenses associated
with the drilling and completion of its Griffith #1-H well in the East Holly
Field of De Soto Parish, Louisiana. The Company has directed its Operator, the
OPS Group of Houston, Texas to proceed with permitting the well as a
13,000-foot Haynesville Shale gas test. The location, in Section 11 Twp
13N - Rge 14W, was staked last week.
The well drilling and completion program calls for 9 5/8 inch surface
casing to be set to 1850 feet and the main hole (12 1/4 inch OD) be taken to
13,000 feet vertically in order to effectively evaluate the potential
associated with the Haynesville Shale, the Cotton Valley SS and the Hosston SS
sections.
The Company intends to utilize Schlumberger's new Haynesville Shale
evaluation software in assisting in selecting the interval that will be
penetrated and then developed by drilling a 4000 foot, 7 7/8 inch OD lateral,
horizontal leg off of the vertical hole.
The AFE to drill and complete all aspects of the Griffith #1-H test was
set at slightly more than USD $8.5 million.
OPS is currently finalizing the acquisition of all the necessary tubulars
for a successful well completion. Work on the construction of the access road
and the drill site itself will get underway upon issuance of a drilling permit
by the oil and gas division of the Louisiana Office of Conservation. At the
same time, OPS is negotiating potential drilling windows with several area rig
drilling contractors.
The Company plans to initiate drilling operations during the month of
July.
About Mainland Resources, Inc.
Mainland Resources is a junior company engaged in the exploration and
development of oil and gas resources. The Company's current initiatives are
focused on the acquisition and development of leases in Louisiana's emerging
northeastern gas region that is gaining notoriety for recent discoveries in
the Haynesville shale.
Symbol: MNLU - OTCBB, Symbol: 5MN; Frankfurt, WKN No.: A0ND6N

Contact: Investor Relations (USA)
Tel. Toll-free 866-590-6589
Investor Relations (Europe)
Tel. +49-69-7593-8408

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STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES
SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES
SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE,
WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE
ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING
THE FUTURE.
EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED
IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO
CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER
MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR
IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS,
INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH
WORDS AS "ESTIMATE," "ANTICIPATE," "BELIEVE," "PLAN" OR "EXPECT" OR SIMILAR
STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE
COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH PROPERTY
DEVELOPMENT AND FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY'S MOST
RECENT ANNUAL REPORT ON FORM 10-KSB AND ON FORM 10-QSB AND FROM TIME-TO-TIME
IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS
INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE
COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY'S ABILITY AND LEVEL OF
SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO
ASSURANCE THAT THE COMPANY'S DEVELOPMENT EFFORTS WILL SUCCEED AND THE COMPANY
WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS
ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO
OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO UPDATE THE REASONS
WHY ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING
STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS,
EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE,
THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS
WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION
SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE
COMPANY'S PERIODIC REPORTS FILED FROM TIME-TO-TIME WITH THE UNITED STATES
SECURITIES AND EXCHANGE COMMISSION.
THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES
FULL RESPONSIBILITY FOR ITS CONTENTS. EACH OF THE NASD, THE SEC AND THE OTCBB
NEITHER APPROVES NOR DISAPPROVES OF THE CONTENTS OF THIS NEWS RELEASE. THIS
NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN
OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY
JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR
TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH
JURISDICTION.
SOURCE Mainland Resources, Inc.

Investor Relations (USA), 1-866-590-6589, or Investor Relations (Europe),
+49-69-7593-8408, both of Mainland Resources, Inc.