Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
biztech, I believe Mesa Energy will do well in the next 6 months, if the price of oil does not drop to much, and we don'T FALL off a CLIFF. Look at OEDV they have 30,000 acres N of Ok City, and they have brought in a Horizional well at 600 Barrels per D.our land lies about 90 miles NW of Ok City.some of the wells in the Bakken hardly do this. keep the faith.
Mesa energy is looking for leases held by vertical well production because the wells are probably producing very little oil.also you must remember when Mesa Energy starts drilling a horizonal well, they will start drilling from a well thats allready been drilled.that will save them a lots of money because the well has half way been drilled and all they have to do is drill the lateral line horizional.and frac. I expect them to have 10,000 acres leased before the end of the year, or more.
Mesa Energy purchased 3 operating producing wells on the property in okla.
I called Mesa Energy, they said the co was flying over their property in Helicopter today to try to access any damages and would let us know.
I understand Mesa energy holdings are on the west side of the Missippi river. The severe flooding was on the east side of the river.
governor of la orders evacuate of 12 parishes in la. hope it does not damage mesa wells or property.
I also notices today Mesa energy trades have been same time back to back trades in two. 15000 at 16.135,000 thousand at 16,22,000 at 01602. 10,000 at 0.163. and 4,000 at 0.164. and on and on. somebody deep pockets buying.
Somebody is buying Mesa enegry. I have noticed the last few days 1000,000 blocks traded back to back at least three times now today 135.000 block of shares back to back. just curious.
cleverrox, yeah only a matter of time when investors see the light.in Mesa Energy. Look at logl stock it was selling near a dollar 4 or 5 mo ago, now down to 12 cents.they only have 56 boe per day of oil. drilling in South east kansas, wells making 1 or 2 barrels per day. Mesa shopuld be 35 cents now.
cleverrox, I think you have nailed all the bases on Mesa Energy, I believe the well in the Valentine with a partner is for Oil and Gas in Multi zones. Mesa Energy has smart people working for them. Yes I have at least 40 thousand more shares to buy.This well will prove something for both Mesa and their partner.Mesa probably has a agreement to buy more intrest in the next well if this one is a successful well. keep the faith in Mesa
reply to post 586. I have beeen in this stock well over 2 years, They made a bad mistake by going to NY Leasing 3500 acres and 30 shallow Gas well , which they were going to recomplete and double the natural Gas output. on the second well NY state shut down all horizonal and frackins of wells. it was the wors't state you can go to to look for oil or gas. They have recovered by their LA purchase of Oil fields, however they closed several wells to put the gas uplift system on them, where the natural gas forces the oil to the surface, thence no need for a pump jack or electric motor. I own about 1/2 of 1 percent of the common. at about 0.133 I will just hold on, These are smart people and I know they will make the stock move up in the next 6 to 8 months.
well the PR came out and Mesa Energy still at same price.Looks like this stock is going no where slow. it will be at least another 2 months before another PR, so we can all go back to sleep.another dog stock.
Mesa energy should have a pr out by th 15th.this month.It will be interesting to see how much money the last 3 wells cost to bring in, well 2 wells, the last was a fizzle.How much money they have on hand.I believe they will try to recomplete at least 4 or 5 more wells before new drilling on the 2 pud wells in december. Heck they might buy out more companies in their neck of the woods in LA.or find a partner to drill new well in Garfield or Majors counties ,Okla.where their leases are in the Mis formation.it Takes 3 million for a horizonal well in okla. anyway hope they have something new to report.Maybe they will report whether they gave up on the last well recompletion as they were making a decision at the time. we will soon see, good luck to Mesa.
Mesa energy should have a pr out by th 15th.this month.It will be interesting to see how much money the last 3 wells cost to bring in, well 2 wells, the last was a fizzle.How much money they have on hand.I believe they will try to recomplete at least 4 or 5 more wells before new drilling on the 2 pud wells in december. Heck they might buy out more companies in their neck of the woods in LA.or find a partner to drill new well in Garfield or Majors counties ,Okla.where their leases are in the Mis formation.it Takes 3 million for a horizonal well in okla. anyway hope they have something new to report.Maybe they will report whether they gave up on the last well recompletion as they were making a decision at the time. we will soon see, good luck to Mesa.
Is Mesa energy waiting for the last minute to post 2nd qrt report.If so I think they are playing for time to build up revenue off previous and last well completed.the stock will not go up from here until they have a positive report, or oil prices jump, or a war.some depleted oil fields are not easy to bring back. The next 6 months will tell.good luck to all.
Mesa Energy has already fallen off a cliff. from a high of 37 to now at .0135 almost 200% drop. They are going to have to gain more oil in their recompletions then just stay at the same production.which make take time, meanwhile natural gas is going up to $4.50 to $5.00 per 1,000 CF by the end of 2013.The county of Tioga, New York is allowing a horizonal to be drilled for natural gas,it is already approved. The drilling co uses a new fracking technology, uses no water except in the well drilled and no chemicals, resuses the same frac material over and over.this will be on 135,000 thousand acres in Tioga County NY.Saves millions Gallons of water.no 70 Tractor Trailer Trucks to deliver fracking stuff to well site. hope it works out. I guess Mesa is watching this operation. Second qtr earnings should come out tomorrow, or we will be late.
Mesa energy is dead in the water. However i did notice that when Mesa bought out the LA property, the Valentine Field was producing most of the oil at 340 BOE per Day. mesa controls or owns 90% of the production. Mesa will now try to recomplete wells in the Valentine field. should be better.I hope. what we need now is 2 more wells producing over 100 BOE a day. Quarterly earnings will come out next week i believe. and maybe some more info on drilling. I have 25,000 more shares to buy and thats it for me.That will be my limit on this stock.
Trolley I have 22,000 shs to buy at 0.1251.Mesa Energy.I looked the other day on the Wells they are completing in the Mississippi Limestone in Garfield and Major county Okla. It cost 3 million to drill a Horiz well up there. T guess the co will get a partner when they start drilling up there. Also some property with wells allready completed up there, that are for sale.
I just bought 25,000 Mseh at $ 0.1250. mesa energy, Ive got 25 thousand more to buy
biztech, I apoligize for my reply. I realize you were pointing something out to me..Thanks. I am trying to buy all I can to hold this stock up Mesa Energy. I thing we will all be ok if we are patient. I have got 40 thousand more shares to buy.
Drillers are converting their Rigs to natural Gas while drilling now. Drillers are converting their rigs to natural gas, its cheaper. usually takes 3,000 gallons of diesel fuel per day to drill a well. they can get natural gas piped from the nearest well on the lease. and it from the company that is having the well drilled. so the Oil company having the well drilled can sell the driller some of his natural gas production. good deal, this is a win win deal. go Mesa Energy. hope we all can make a bundle of money.
I had a bid in on Mesa Energy 20,000 at 0.131 and a bid in 10,000 at 0.1249. never got them, as i said it is my money and I will put in the price I will pay for them. I don't complain what everyone else puts in a price at. That is your business.I only tend to my business.
I am trying to buy Mesa Energy 10000 at 0.1249. If I don'T get it there will be another day. I allready have to many shares.Hope we don't fall off the cliff.
I am in there trying to buy at 10000 at 0.1249, also trying to buy MHR 1000 at $ 4.00
Mesa energy shares hard to buy, bought some today at 0.13 Trying to buy all I can between 0.12 and .013. They will have the 2nd quarter report near end of this month, production may be down a little for the quarter.
Mesa Energy might get better, they did mention their holdings in North central Oklahoma Garfield and Majors counties.wonder if their still leasing in that area. They talk of sharing drilling these wells with a partner since they are horizional.wells. I have been waching SD sandridge energy. Their stock up 28cents today. but they have 461 million shares trading. which scares me.
Reply to post 502.Mesa energy employees hold over 54 million shares according to my etrade history. i do not see any of these people selling their stock.nor do i see any employees leaving the company which is so good so far. i would be concerned if any of the top people resigned from the company.in the future i believe they will bring in some good oil wells. Remember the turks are looking for a fight with syria.The turks have their own straights of Hormuse as per the russians. This would send oil back over $100 dollars.no doubt. It is just a game of wait and see.happy trails to all of you.
Don'T believe Mesa Energy will get below 12 cents.I believe the people of Mesa Energy are working hard to get another well recompleted as soon as possible. I see the Hermitage field lies about 30 miles south of New Orleans. Lake Hermitage road runs just to the west of the Mississippi river. and along the river. Short of a collapse of the market or fall off a cliff I think we will be ok.
Mesa is a buy under the price of 13 cents IMO. Yes I own 400,000 thousand of Mesa I have bought some today in the twelves and will continue to buy it the 11s and 12s. This company 1s much better off today than a year ago.think about it. Christmas should be good.IMO
I am not selling my Mesa stock, I am buying.Lets face it Mesa energy brought in 2 wells out of three, with huge PSI.The last well was abruptly stopped, probable some one left a wrench or piece of material in the gas flow uplift system,or line could have broke, who knows.I will be interested to see the 2nd quarter report on BOE per day production and cash on hand at the beginning of 3rd quarter.I thing they will do more recompletions before 4th quarter, maybe in Valentine field. that may be better.I will just try to be patient.good luck to all
All is not lost for Mesa Energy holdings. Remember July 1, when all european countries will not buy Crude from Iran. that will pull some of the oversupply down.also Iraq and Iran have joined forces in Opec and they could cut back production, along with the Saudis especialy if crude drops to $75 per barrel.Also Mesa brought in the good well at 12,000 ft. the next gas well was brought in at 10,000 ft. The third well they tried to bring in at 7,000 ft.evidently oil show on log at 7,000 ft.I am sure this will give them a lots of experience to learn what happened on the last well.they use the gas uplift system the gas pressure forces the crude to the top so they don't have to buy pump jacks or electric motors to pump the oil out. don't think MSEH goes much lower from hers.I think 13 or 14 is the bottom. I am not selling here. I can wait 6 or 7 mo for $ 50 cents per share.
Mesa energy should be making more progress soon. When Mesa energy bought the Valentine fild, they has 44 wells, only 14 producing some 338 boe per day.thats about the same we are producing now.this does not include the other fields.so the older producing is falling off to.Mr griffin said on TV another company had brought in a pretty good well on the flank of the Valetine field.so do we keep on doing rc wells or drill new ones.They are smart people and have a plan. I believe they can make it work.I am glad I don't have to do the guessing. hang on it will work out.
BobwinsMesa energy re-completion well program in la. I agree with part of your message mr bobwins, however when I see when the company bought this co in La. they were producing around 300 boe per day. mesa completed 2 well in late nov. or dec last year. these wells came in at 236 boe per day and 136 boe per day and at the end of the year for the laster quarter of 2011 only avg about 350 boe per day, also the first quarter avg about 356 boe per day. so this tells me the rc wells fall off production sharply.as the company looks at the well logs they pick the 2nd best or 3rd best formation to frac for re-completion. I see the insiders picked up 400,000 thousand shares on the 14th of June, so I guess the next PR will be good, I hope so for all us stockholders. This is my take on Mesa.
Lets talk about Mesa Energy. Mesa energy has identified 58 drill locations on lake hermitage field.These are 12,500 ft deep wells. The depth of the okla limestone is about 5,000 ft deep. now if they both produce the same amount of light crude each day then where would you waun't to drill. its the economics. Also I sent Mr griffin a email about 2 mo ago stating that they might try a new fracking formula for these wells in La.to produce more oil. I know that [MHR } did this in the eagle ford shale in south Texas and their IP of oil doubled. just for info only.
WHERE IS THE NEXT MESA ENERGY HOLDINGS PR. IN MARCH MR.GRIFFIN SAID THE NEXT TWO RC WELLS SHOULD BE FINISHED BY THE END OF APRIL. WELL IT IS JUNE 14 AND WE HAVE STILL NOT HEARD ANYTHING.I GET A LITTLE NERVIOUS.MR GRIFFIN TALKED ON THE STREET BEAT, AND SAID THE COMPANY WAS TRYING TO GET TO THE ASE.WELL IT IS MY UNDERSTANDING THAT A STOCK HAS TO TRADE FOR $ 1.00 DOLLAR OR MORE FOR 30 DAYS BEFORE YOU CAN ACHIVE THAT. MY FIRST POST SAID THEY COULD ISSUE NEW COMMON SHARES FOR COMPANIES. I ONLY BELIEVE THAT THEY WOULD DO THAT IN A CASE OF DESPERATION.RIGHT NOW I CAN'T SEE THAT.I HAVE TALKER TO THEIR LADY PR SEVERAL TIMES AND THEY ARE VERY UP BEAT ABOUT THE COMPANY.THESE ARE VERY SMART PEOPLE WHO OPERATE THIS COMPANY. I LIVE 30 MILES FROM THEIR OFFICE IN DALLAS.I ALSO HAVE A BIG INVESTMENT IN THEIR STOCK.
MESA ENERGY ANNUAL REPORT. BEWARE OF BUYOUTS.]MESA ENERGY HAS SAID THAT THEY MAY ISSUE COMMON STOCK FOR FUTURE BUYOUTS OF OTHER COMPANIES. IT IS ON THE TABLE REMEMBER THAT. THIS IS JUST A REMINDER.