Mesa Offshore Trust (fka MOSH)

[badnews2]

That would be the cautions smart play.

Rita shut in some of those properties for more then a year. Not a thing the operators could do about either, day rates went through the roof, there was an extreme shortage of labor, materials and service equipment. And the third party gathering system repairs went very slowly due to all of the above. Some marginal wells where NEVER placed back into service. Although alot of well operators were willing, many pipeline operators couldn't justify the expense for just a few years use. MOSH is still paying abandonment costs on some of those wells. History sure does have a way of repeating itself.