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Saturday, 06/16/2012 10:27:35 AM

Saturday, June 16, 2012 10:27:35 AM

Post# of 858
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.

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