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.
