Mesa Energy Announces Completion and Testing of the Gipson #1.DALLAS -- Mesa Energy, Inc. - (Pink Sheets: MSEG MSEG Minority Student Education Guild (University of Florida) ) The Gipson #1, a Hunton test in Mesa's Coal Creek Coal Creek can refer to the following waterways in the United States:
We are evaluating a plan that would allow the Atoka to be produced through the annulus annulus /an·nu·lus/ (an´u-lus) pl. an´nuli [L.] anulus.
an·nu·lus or an·u·lus
n. pl. an·nu·lus·es or an·nu·li
A circular or ring-shaped structure. and then blended with the primary Hunton production downstream of the separator. If this plan is successful, we would expect the Atoka zone to add 100 MCFD MCFD Ministry of Children and Family Development (British Columbia, Canada)
MCFD thousand cubic feet per day
MCFD million cubic feet per day
MCFD Malta College of Family Doctors
MCFD Multiple Coagulation Factor Deficiency to 200 MCFD to the production rate of the well.
Our consultant geologist estimates reserves to be 200 MMCF MMCF Million Cubic Feet
MMCF Multimedia Communications Forum
MMCF Mint Mocha Chip Frappuccino
MMCF Multi Media Communication Forum in the Atoka, 500 MMCF in the Brent Sand and in excess of 1 BCF BCF Billion Cubic Feet
BCF Bioconcentration Factor
BCF British Chess Federation
BCF British Coatings Federation
BCF Breast Cancer Fund
BCF Bank Credit Facility
BCF Bulked Continuous Filament
BCF British Cycling Federation
BCF Boeing Converted Freighter in the Hunton.
The Cook #1, located on the adjacent lease, was successfully tested on May 13, 2008, and flowed 900 thousand cubic feet per day on a 32/64ths choke. Construction on approximately three miles of pipeline which will connect the Cook #1, the Gipson #1 and future wells to an Arkansas Oklahoma Gas Company (AOG AOG Assemblies Of God
AOG Aircraft On Ground
AOG Association of Graduates
AOG Act of God (insurance)
AOG Gasoline Tanker
AOG Army of God (militant anti-abortion group)
AOG Air Operations Group ) sales line is substantially complete with final road bores and hook-up of both wells to occur in the next 30 to 60 days.
Mesa has restructured its agreement with Wentworth Operating and now owns 25% of the Gipson #1 and any future Hunton wells to be drilled on the acreage, 35% of the Cook #1 and a 5% carried interest in the Sally B #1, a re-entry RE-ENTRY, estates. The resuming or retaking possession of land which the party lately had.
2. Ground rent deeds and leases frequently contain a clause authorizing the landlord to reenter on the non-payment of rent, or the breach of some covenant, when the proposed by Wentworth south of the Coal Creek acreage.
Randy M. Griffin, Mesa's Chief Executive Officer, stated: "We are elated with the successful drilling and testing of the Gipson #1 and look forward to commencement of production in this field in the third quarter of 2009."
About Mesa Energy, Inc.:
Mesa Energy, Inc. is an independent oil & gas exploration and production company based in Dallas, Texas. The Company's business plan is to build a strong, balanced and diversified portfolio of oil and gas reserves and production revenue through the acquisition of solid, long-term, existing production with enhancement and developmental drilling potential as well as the acquisition of multi-well, defined-risk, exploratory and developmental drilling opportunities. Additional information concerning Mesa Energy is available at www.mesaenergy.us.
A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Safe Harbor
1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.
2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may, "could," or "might," occur. Such statements reflect the current views of the company's management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the success of our drilling, completion and production operations, competitive market conditions, the ability to secure additional sources of financing, the ability to maintain optimal operating expenses Operating expenses
The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. , and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company does not undertake any responsibility to update the "forward-looking" statements contained in this news release.