Mainland Resources, Inc.

June/July 2011

A growth oriented, small cap independent E&P company with onshore US focus in Louisiana and Mississippi with a proven record of value creation and an inventory of pre-developed and high impact exploration acreage.

Mainland Resources Inc.2

Disclaimer

This presentation material contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The opinions, forecasts, projections or other statements, other than statements of historical fact, are forward-looking statements. These statements include the Company’s financing plans and objectives, drilling plans and objectives, related exploration and development costs, number and location of planned wells, reserve estimates and values, statement regarding the quality or risk of the Company’s properties and potential reserves and production levels. Although Mainland Resources Inc. (“Mainland” or the “Company”) believes that the expectations reflected in such forward-looking statements are reasonable, they do involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are our ability to finance drilling activities, delays and difficulties in developing currently owned properties, the failure of exploratory drilling to result in commercial wells, delays due to the limited availability of drilling equipment and personnel, fluctuations in oil and gas prices, governmental regulatory risks, general economic conditions and the risk factors detailed in the private placement memorandum relating to this offering and from time to time in the Company’s periodic reports and registration statements filed with the Securities and Exchange Commission.

Any forward-looking statement speaks only as of the date on which the statement is made, and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

The United States Securities and Exchange Commission regulations limit oil and gas companies, in their filings with the SEC, to including only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. This presentation contains certain terms, such as unrisked resource potential that the SEC's guidelines strictly prohibit us from including in filings with the SEC. These terms include reserves with substantially less certainty, and no discount or other adjustment is included in the presentation of such reserve numbers. You are urged to consider closely the disclosure in our Form 10-K, available on our website at mainlandresources.com. You can also obtain this form from the SEC at www.edgar.com by calling 1-800-SEC-0330.

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Company Overview – Mainland Resources Inc.

CORPORATE PROFILE

Sector: Growth Oriented, Small Cap, Public E&P Company Offices: 21 Waterway Avenue, Suite 300, The Woodlands, Texas; Tel: (281) 362-2860

MARKET PROFILE MNLU - OTCBB; 5MN – Frankfurt/Berlin

Weighted Average Share Price: $0.73 on total volume of 65 million shares (January 1 to April 30, 2011)

Corporate Governance: Full SOX compliance (3 years)

Merger in Final Stages: SEC Form S-4 Merger with American Exploration Corp. (aggregates Buena Vista land package)

Exploration Acreage: Buena Vista - 17,800 net acres Mississippi – Gas Prospect – Potential 8+ TCFFord’s Creek – 692 net acres Louisiana – Oil prospect

Estimated Shareholders: 6,000+

Float: 58 million

SEC Reporting Status: 34 Act fully reporting, smaller reporting company, non-accelerated filer

Post Merger Market Cap: $28.8 million

Insider Ownership: 9.2%

CORPORATE PROFILE

Sector: Growth Oriented, Small Cap, Public E&P Company Offices: 21 Waterway Avenue, Suite 300, The Woodlands, Texas; Tel: (281) 362-2860

MARKET PROFILE MNLU - OTCBB; 5MN – Frankfurt/Berlin

Weighted Average Share Price: $0.73 on total volume of 65 million shares (January 1 to April 30, 2011)

Corporate Governance: Full SOX compliance (3 years)

Merger in Final Stages: SEC Form S-4 Merger with American Exploration Corp. (aggregates Buena Vista land package)

Exploration Acreage: Buena Vista - 17,800 net acres Mississippi – Gas Prospect – Potential 8+ TCFFord’s Creek – 692 net acres Louisiana – Oil prospect

Estimated Shareholders: 6,000+

Float: 58 million

SEC Reporting Status: 34 Act fully reporting, smaller reporting company, non-accelerated filer

Post Merger Market Cap: $28.8 million

Insider Ownership: 9.2%

Common Shares Outstanding: 81 million current (96 million post merger); Fully Diluted Post Merger 108 million

Mainland Resources Inc.4

Company History

Mainland Resources, Inc. (“Mainland” or the “Company”) was established in 2007 as a fully reporting public company. Since 2007, the Company with total equity capital of $5 million and has accomplished the following milestones:

Acquired, drilled, and developed shale gas assets partnering with Petrohawk, drilling 4 Haynesville Shale wells with IP’s in excess of 20 MMCF/Day

Partnered with Guggenheim Partners, LLC who are an 8% working interest partner in the Buena Vista Project and have provided debt financing in the previous Haynesville Shale drilling activities in Louisiana with a $40 million senior facility

Sold certain Haynesville zone interests for $28 million to Exco Resources, Inc.; with a cost basis of $800,000

Funded the acquisition of the 18,000 acre Buena Vista Project with multi-TCF potential and drilled the Burkley Phillips test well; designed completion strategy with various third party independent consultants that confirmed gas in place of at least 500 BCF per section

Consolidated ownership of Buena Vista gas project by negotiation and administering the merger with American Exploration Corp through SEC Form S-4

Acquired 1,270 acres of Mississippi oil acreage targeting the prospective Tuscaloosa and Paluxy hydrocarbon intervals encountered in an offset well

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Management Team - Combined experience of 150+ years

Mike Newport – President, CEO, Director• 32 years of oil and gas experience in land/general management and M&A.• Responsible for development and subsequent sale of Mainland’s Haynesville Shale assets in Louisiana.• Leader in Company negotiations for new prospects.• BBA in Finance, MBA, Petroleum Land Management from the University of Oklahoma.

Steve Harding – President, Director of American Exploration Corp. under merger with Mainland Resources• Prior positions of VP N. Canada and VP Alaska/MacKenzie Delta at EnCana and Chief Geoscientist at Husky Energy.• (Hon) B.Sc. Geology from McMaster University & M.Sc. Geology from University of Alberta 28 years experience.• Registered Professional Geologist by APEGGA (Association of Professional Engineers, Geologists and Geophysicists of Alberta).

William (Bill) Thomas – CFO, Director• Senior manager with a 30 year career in finance and accounting for the natural resource sector.• Held senior management positions with Kerr McGee Corporation China, Hana Mining, Maxus and Denison Mines.• Chartered Accountant from University of Toronto, Canada.

Simeon Horton King – VP Geology, Director• Petroleum geologist with 30+ years experience and involved with Mainland since 2008.• Broad experience in exploration and development of aggressive drilling programs for private enterprises in SW US.• Very active in development of Hosston and Cotton Valley trends in N Louisiana and E Texas.

Gerry Jardine – Director, Investor Relations and Corporate Finance • Corporate finance and administration expertise serving as director and officer of TSX, NASDAQ, and OTC companies for over 30 years.• Provides consulting on funding, investor relations, administration, and corporate governance to Mainland since 2010.

Peter G. Wilson – VP Business Development, Director • Business executive with 17 years Capital Markets experience.• Extensive international finance assignments with Canada, USA, United Kingdom, Switzerland and Norway based investor groups.• Past President and Director Hana Mining Ltd, $360 million market cap Copper/Silver exploration company (HMG-TSX-V).

BUENA VISTA PROJECT- Mississippi -

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The Buena Vista structure is located in the prolific Gulf Coast Salt Basin

- On trend with all Haynesville/Bossier shale gas discoveries

Chevron drilled a well in 1981 to 22,000 feet that confirmed enormous pressure, an over-thickened Bossier/Haynesville succession with elevated gas readings throughout

- Pressure data up to 20,000 psi

Prolific Gas Producing Region

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Buena Vista

Buena Vista sits along the prolific Jurassic Bossier trend

- Characterized by numerous giant Bossier/Haynesville Fields

Prolific Gas Producing Region – Buena Vista on Strike with Major Fields

Map Source: Shale Energy: Developing the Haynesville – Mergers and Acquisitions Support Sustained Haynesville Drilling, Pramod Kulkarni, World Oil, June 2010

Mainland Resources Inc.

Preliminary Technical Assessment

Geophysical mapping of the structure and prospect area

- Reprocessed available seismic data, new maps created

Analyzed available rock data from the 1981 well

- Accessed and sampled cuttings data from the 1981 well through the shale succession- Completed Rock Eval pyrolysis, XRD, thin section work to assess mineralogy and geochemistry

Petrophysical Shale gas analysis completed by Schlumberger to assess Gas in Place

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Acreage Acquisition

Locked up all acreage associated with the prospect (both on structure and flanking)

- Combined assets through merger with American Exploration

Drilling Program

Drilled a 22,000 ft. well offsetting the original 1981 CP Long Well

- Logged & cased in 160 days for $9.7 MM

Milestones Accomplished – Buena Vista Developments

1981 Well

MNLU LEASE

17,800 Acres+

Buena Vista Asset DEPTH INFEET

-20125-20250

-20000-20125

-19875-20000

-19750-19875

-19625-19750

-19500-19625

-19375-19500

-19250-19375

NEW WELL

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Buena Vista Structure

1981 Chevron Well

Line: 2508-ME-6

Fractures From Log: f1 to f33

Well defined “Turtle-back” structure with good four-way closure• Seismic and well data provided evidence in support of fracturing and

faulting

Mainland Resources Inc.

Buena Vista Stratigraphy

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1981 Chevron Well

1000

ft.

Comparison to other log profiles extending below the Knowles lime of the Cotton Valley to the Smackover

- Buena Vista interval clearly fits profile, highly over-thickened

General Stratigraphy

Cotton Valley(Knowles Lime)

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Burkley-Phillips #1 Well Reaches TD

Drilled to a total depth of 22,000 ft.; reaching TD in December 2010

Core secured in the Bossier

Logged and cased

Similar high pressure and temperatures were observed while drilling the well

Significant over-pressure encountered in overlying Hosston/Cotton Valley, including Knowles Lime, and continued through Bossier/Haynesville succession

Drilling mud maintained at 18.1 to 18.3 lbs/gal throughout Bossier/Haynesville

Elevated mud gas readings

Spiking/Elevated readings with apparent porosity & fracture encounter

New Burkley Phillips #1 Well

1981 CP Long Well

Mainland successfully drilled a new well into the Buena Vista Prospect, in close proximity to the original 1981 Chevorn well

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Buena Vista Prospect, Mississippi – Comparison to Other Plays

NW Louisiana Haynesville Shale3Buena Vista, Mississippi Prospect1

Depth: 11,660’ – 12,020’

Section thickness: ~360’

Pressure: 8,000 psi

Temperature: 275 - 320°F

Frac: Multistage 10

Well Type: Horizontal

Avg IP: 5-30 MMCF/Day+

Highest IP: 30+ MMCF/day

Stacked Pay: Yes, 3+ zones

High Porosity Sands: No

Abnormally pressured: Yes-Mid

Frac Specialist: Haliburton/Fractech

Depth: 19,800’ – 22,000’*

Section thickness: +2,000’*

Pressure: +20,000 psi

Temperature: 360-418°F

Frac: Multistage

Well Type: Vertical

Avg IP Modeled: 19 MMCF/Day

Highest IP: unknown

Stacked Pay: Yes, 3+ zones

High Porosity Sands: Yes

Abnormally pressured: Yes-High

Frac Specialist: S Schubarth* (no bottom found, TD still in Bossier/Haynesville)

Amorusa East Texas Deep Bossier2

Well Depth: 16,000’ – 19,000’

Section thickness: ~2000-3000’

Pressure: 15,800 psi

Temperature: 360-400°F

Frac: Multistage

Well Type: Vertical

Avg IP: 20-25+ MMCF/Day

Highest IP: 60+ MMCF/Day

Stacked Pay: Yes, 3+ zones

High Porosity Sands: Yes

Abnormally pressured: Yes-High

Frac Specialist: S Schubarth

1 Source: Mainland management and American Exploration Corp.

2 Source: EnCana.

3 Source: Mainland management based on the Griffith 11-1 well.

Mainland Resources Inc.

Burkley Phillips #1 - Core Successfully Secured – Independent Evaluations Obtained

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A core was successfully cut from 20,415 to 20,435 feet measured depth

- Cut within a “typical” middle to lower Bossier interval

- Rock properties and mineralogy well suited to shale gas development

• No swelling clay issues, thermally mature

The core enabled quantitative measurements and comparisons to other Bossier producing wells

Third party independent evaluation by Core Labs

Burkley-Phillips #1

Core adjusted depth

Mainland Resources Inc.

Buena Vista Prospect - Fractured Reservoir

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Large open fractures are observed in the cored interval, with various smaller fractures that are variably filled with carbonate cements

‾ Consistent with pre-drill observations and modeling

Normal Bossier reservoir attributes within an enormously over-pressured environment, should enable very strong productivity potential

Mainland Resources Inc.

Analog Data for Burkley-Phillips #1 – Buena Vista Prospect

1E-14

1E-13

1E-12

1E-11

1E-10

1E-09

1E-08

1E-07

1E-06

1E-05

1E-04

1E-03

1E-02

1E-01

0 20 40 60 80 100

Effe

ctiv

e Pe

rmea

bilit

y, m

d

Water Saturation, percent

BASIC ROCK PROPERTIES(GRI Saturation)

NA Gas Shales (GRI)

Haynesville (GRI)

Haynesville Lime (GRI)

Bossier (All, GRI)

Bossier (Middle, GRI)

Burkley-Phillips #1

1865 Samples

Data from the cored interval in the Burkley-Phillips #1 well was reviewed by Core Lab’s Gas/Shale Consortium

‾ Objective was to identify to best analog from reservoir properties

‾ Best analog was determined to be the Bossier in De Soto Parish, NW Louisiana

‾ Specific well coordinates held confidential (yellow star)

Initial production rate from the De Soto well was 13.7 mmcf/day

- Reservoir pressure in this analog was 6,841 psi, with a much lower gradient relative to the Bossier at Buena Vista

0

10

20

30

40

50

60

70

80

90

100

0 5 10 15 20

Wat

er S

atur

atio

n, p

erce

nt

Total (Interconnected) Porosity, percent

BASIC ROCK PROPERTIES(GRI Saturation)

Haynesville

Haynesville Lime

Bossier (All)

Bossier (Middle)

Burkley-Phillips #1

1865 Samples

BVW5.7 %

BVW2.0 %

1E-14

1E-13

1E-12

1E-11

1E-10

1E-09

1E-08

1E-07

1E-06

1E-05

1E-04

1E-03

1E-02

1E-01

0 5 10 15 20

Eff

ecti

ve P

erm

eab

ility

, md

Total (Interconnected) Porosity, percent

BASIC ROCK PROPERTIES(GRI Method)

NA Gas Shales (GRI Method)

Haynesville (GRI Method)

Haynesville Lime (GRI Method)

Bossier (All, GRI Method)

Bossier (Middle, GRI Method)

Haynesville (GRI, Kabs)

Haynesville Lime (GRI, Kabs)

Bossier (All, Kabs)

Burkley-Phillips #1

1865 Samples

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Mainland Resources Inc.

Buena Vista - Gas in Place – Unconventional Shales (Deep Bossier)

Gas in Place (“GIP”) has been assessed within the Bossier by both Core Labs and Schlumberger. GIP is a composite of both Free and Adsorbed gas

Free Gas

- Analyses suggest between 300 Bcf/section to more than 500 Bcf/section

Adsorbed Gas

- Adsorption Isotherm measurements were also taken from the cored interval

• Suggest as much as several hundred Bcf/section (above the free gas calculated)

If only free gas is considered for the Buena Vista Property, total gas volumes extrapolated across the pool could reach 14 TCF

- At a 25% recovery factor, produced gas equates to 3.5 TCF

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It should be noted that these amounts do not include the GIP associated with the Knowles Lime reservoir also within the high pressure envelope

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Mainland has been working with Stephen Schubarth who performed much of the frac design work at Amoruso

Using rock properties observed, reservoir conditions and the style of fracing, the size of an artificial frac can be predicted

− Buena Vista calculates a 500’ half length

Gas drainage can then be modeled from a single 500 ft frac

− Drainage reaches 1,000 ft. perpendicular to the induced fracture

− Enables about 25%+ OGIP to be recovered

− Initial Production rate of approximately 10mmcf/day from this target alone; EUR of 5.9Bcf/frac

Burkley Phillips #1 - Haynesville/Bossier Completion

Natural fractures should increase the drainage area and therefore gas recovered beyond these amounts

Fracing/completion has been performed throughout the Bossier and Haynesville succession

Mainland Resources Inc.

Significant Upside 1 – Knowles Lime

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The Knowles Lime has demonstrated prolific productivity in recent years

Published results from Gastar and EnCana suggest exceptional rates and EUR

- Gastar's best Knowles Lime well to date is the Lone Oak Ranch #3 (East Texas), drilled in late 2007, which had initial production of 9.4 MMcf/day EUR of 3.4 Bcf

- In 2009, Encana made a significant discovery in the Knowles Lime in the vertical well bore A. D. Carr Well #1 (East Texas) from 40 net feet of high porosity Knowles Lime

produced 11.4 Bcf and 297,000 bbls condensate from July 2009 thru December 2010. Peak rate was 40 mmcf/d and the December 2010 rate was 16 mmcf/d

Good porosity in the Knowles Lime also in the HP envelope at Buena Vista

- Exceptional mud gas shows through the interval while drilling

- 71 net feet of porosity within one 100 foot interval

- Models 2 years average production of 4mmcf/day; EUR projected at 5 Bcf/well

Schlumberger Petrophysical Analysis across Knowles Lime in the Burkley-Phillips#1 well - demonstrating good gas-filled porosity

Mainland Resources Inc.

Significant Upside 2 – Conventional Sandstones

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The overall Bossier succession below the Knowles Lime consists of a series of stacked upwards shoaling events

- Individually may be characterized by shales grading upwards into sandstones

Petrophysical analysis suggests that some of these sandstones may possess significant porosity

- One of these sands has up to 21% porosity (Independent Analysis)

- More than 20 ft. in thickness

Such sands have been seen in the Amoruso Field in Robertson County, East Texas which can produce more than 1 Bcf/month

Mainland Resources Inc.

Buena Vista Project – Highly Profitable Opportunity

1981 Chevron well drilled to 22,000 feet confirmed basic reservoir data; - Over-thickened, more than 2,000 ft. extremely over-pressured gas bearing section

New Burkley-Phillips well also drilled to 22,000 feet, TD’d December 2010 confirms Chevron well findings

- Logged and cased, well awaiting completion; no frac-related environmental issues

- Gas in Place exceeds 500 Bcf/section- Excellent open fractures observed; clay content good

- Significant upside in Porous Sand and Knowles Lime additional zones

Reservoir attributes derived from core analyses (Core Labs GRI) are consistent with other Bossier shale gas discoveries- Upside associated with 20,000 psi over-pressured reservoir environment - Directly on trend with EnCana’s Bossier gas fields along the Jurassic Bossier edge- Schlumberger and Core Labs provide independent estimates of gas in place

18,000 acres under lease; entire structural closure owned by Mainland with 92% WI and 75% NRI. Seismic confirms size of structure

Financial Model reveals Multi TCF recovery, 225 well project, at 19MMCF/D projected IP implies 0.5 BCF/month initial production*

- Using NYMEX strip pricing PV10 net value of $40.2 million per wellbore- aggregate PV10 value is $10.1 billion

- Using $3/MCF flat pricing PV10 net value of $12 million per wellbore;- aggregate PV10 value is $2.7 billion

*Amoruso completion specialist, derived IP estimates, declines, used in Economic analysis. Financial model available upon request with NDA.

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Financial Information- Mississippi -

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Burkley Phillips #1 Well – Expected Initial Production

Production Burkley Phillips #1 awaiting completion cash flows estimated on initial choked production of 6 MMCF/day generates $454,000 monthly to Mainland assuming $4.50 flat gas pricing – Production starts this year.

Pipeline expansion based on well testing on completion could provide initial production of 19,000 MMCF/day or greater providing $1.4+ million/month of net cash flow to Mainland from single well.

Initial transport and processing costs estimated at $0.40/MCF per estimates from SEI gas marketing consultants (drops to $0.28/MCF with increased infrastructure).

Company has 92% Working interest and average 25% royalty burden.

Single Well Revenue Estimates on Initial Choked Production Bossier Bossier

Gas Price $/MCF 4.50$ 4.50$

MCF/Day IP (Choked due to Pipeline capacity) 6,000 19,000

Days/Month 30.42 30.42

CO2 Content 2.704% 2.704%

Gross Gas Sales/month 799,043$ 2,530,304$

Transport/MCF 0.40$ (73,000) (231,167)

After Transport Gas Sales/month 726,043 2,299,137 State Severance Tax (0.269/MMCF) and OS Restoration Fee ($0.003/MMCF) 6.7% (48,298) (152,943)

After Tax Gross Gas Revenue 677,746$ 2,146,195$

Royalty Interests - Land Owners 25.0% (169,436) (536,549)

Operating Costs/Month

LOE/MCF 0.08$ (14,600) (14,600)

Net Revenue per Month 493,709$ 1,595,046$

Mainland Net Cash Flow per month on Choked IP 454,213 1,467,442

Guggenheim Net Cash Flow per month on Choked IP 39,497 127,604

Mainland WI 92.000% 92.000%

Guggenheim WI 8.000% 8.000%

Mainland NRI 69.000% 69.000%

Guggenheim NRI 6.000% 6.000%

Mainland Resources Inc.

Buena Vista – Play Development – Financial Modeling Values

Modeling Assumptions

Wells drilled as follows:

- After 3 years: 14 - After 5 years: 44- After 7 years: 102

Gas Price Deck: NYMEX Strip

Well Initial Production: 19,000 MCF/day comingling 3 zones

Productive Zones: Bossier, Knowles Lime, Porous Sands

Production and Decline Base Line: S. Schubarth calculations and declines in conjunction with S. Harding

Well Cost: $13.5 million per well with 3-5 stage frac

Well Gathering and Transport costs: $0.30/mcf (post pipeline build out)

Well LOE: $10,000/month + 3% pa for 5 years

Gas Volume Shrinkage: 2.704% of gas volume

Total Acreage and wells: 18,000 acres in play, 80 acre spacing, 225-250 total wells.

Development Funding: Total of $20 million in funding from equity plus Revolving LOC for required capital (at 1 yr LIBOR rate +4%)

Royalty Burden: 25%

Working Interest to Mainland: 92%

Interest Income: 2% pa

Monthly Mainland G&A: $123,667 increased by 3% annually

Aging of receivables: 15 days

Aging of payables: 30 days

Mississippi State Tax Rate: 3.5% of gross gas revenue

US Federal Income Tax Rate: 35% of before tax earnings

Total wells drilled in 10 years: 225

Pipeline purchased by Mainland: $160 million

Financial Model Outcomes

Exit Multiple Valuation: Assuming or sales price equal to (an exit multiple of 5x EBITDA at the end of any year plus cash on hand at the end of any year less LOC), the value of Buena Vista sold at the end of any year is as follows:

- After 3 years of project development: $ 2.3 Billion

- After 5 years of project development: $ 6.1 Billion

- After 7 years of project development: $11.8 Billion

PV10 Well Valuations: Assuming a discount rate of 10% per annum on annualized cash flow of each well over a 20 year term, and based on 225 total wells in the play, an aggregate PV10 value of $9.5 Billion producing an aggregate of over 3.6 TCF gas recovered. Each well returns 6.5x cash on cash return and yields 16.1 BCF of gas.

Asset and Cash Generation Valuations: Total projected assets in the 10th year of project development (2020) are $5.6+ billion. Over the 9-10 years of development, the model produces gross revenues of $10.2 Billion, EBITDA of $9.3 Billion, and Net Income of $5.6 Billion (net of federal taxes at 35% and non cash DD&A of $2.8 billion).

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Mainland Resources Inc.

High Return Investment Opportunity

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4-6 months to Cash Flow Positive and Gas Field Discovery Proof of Concept- Production imminent: estimated $1.5 million/month net cash flow potential from Burkley Phillips #1 well- Completed and producing Burkley Phillips #1 well initiates proof of concept of large gas field discovery- Third party accredited consultants confirm 300-500+ BCF/section free gas in place – Schlumberger and Core Labs

Significant and Immediate Earnings Potential- 4 TCF estimated recoverable, 225 well potential, 92% WI; $11.3 billion estimated potential after tax cash flow - Corollary to LEOR Amorusa Project sold to Encana for +$ 2.5 Billion after only 14 wells drilled

Share Structure Works; Investor Has Low Share Price Entry Point- Earnings potential in the billions enhances share price valuations - Large public float 6000+ investor distribution - proof of concept at a tipping point upon Burkley Phillips #1 well completion

Large Industry Partner- Guggenheim Partners LLC – 8% working interest minority partner in Buena Vista acreage

Industry Timing is Right- Gas is green; oil prices high; gas futures prices increasing- Solar and wind waning due to state of technology and high capex/return ratio, nuclear unattractive

Company has Proven Track Record- With only $5 million total equity investment – sold Haynesville asset with a cost basis of $800,000 for $28 million to EXCO- Now have an Buena Vista asset with potential value in the $ billions

Mainland Resources Inc. 21 Waterway Avenue, Suite 300

The Woodlands, TX 77380 281 362 2861

Investor RelationsGerry Jardine, Director

(877) 662 3668

website: mainlandresources.com