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Monday, 10/08/2012 11:05:39 AM

Monday, October 08, 2012 11:05:39 AM

Post# of 858
per mesa energy saying that aoil holds interest in 23,700 acres in niobrara formation in southern wyoming is not so, they own a option to purchase a interest in 23,700 acres.they only hold 1275 acres there which only produced 900 barrels of oil for year or up until now.mesa will have to dole out the cash to complete this purchase. i believe.also doesn't mesa have a large payment on their loan next year. some one help me out here. i know this payment on loan can be extended, so i don't worry much here as long as they are increasing production. sounds like we are bailing aoil out. also our shares may be deluted a little.that is all for now.so where is there footprint in the eagle ford shale. good luck to us shareholders.

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