Mesa Energy Holdings, Inc. (fka MSEH)

[germanium123]

I believe Mesa energy drilled to about 5,000 ft when they ran into problems while the drill rig was starting to make the 45 degree turn so the drill would come into the ML on a horizonal level, they ran into some tough shale and the drill rig lost power. yes there would have been oil in the ML at this site if they had reached it.so my guess is I don't think they spent much over half a million dollars on this hole and this will not hurt them at all. I have bought a lot of shares in the 0.1301, 0.131.and 0.132 area. I am buying while the others or selling.if you can be patient it will pay off IMO.I believe they will hit a well in OK or Wyoming this year and we will be on our way.I won't to see how much money they have on hand at end of 4th quarter 2012 that will give me a clue. hang in there.