There is another "mesa" named entity MTR with a historical relationship but otherwise mesa offshore is MOSH.
I think that the 5% you mentioned represents a reduction in royalty interest via machinations of defendants which our lawsuit aims to restore to the prior 50%, among other things. Some of these docs are a little hard to read through and I admit I don't have a thorough understanding of the different types of royalities ("overriding", "working interest", etc.) how they work exactly. I imagine others with better grasp will chime in eventually with clearer explanation.
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.