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Alias Born 02/13/2012

Re: None

Thursday, 02/14/2013 11:50:42 AM

Thursday, February 14, 2013 11:50:42 AM

Post# of 858
It is interesting to note that armada oil which is taking over Mesa energy has to pay $750,000 dollars for 320 acres in wyoming by the first of may this year to TR energy when they don't have that much money in the bank.also they have one hundred million shares authorized in addition to the 11 million shares out there trading in the market.even when they take over Mesa and have the reverse split they still have the 100 million shares authorized for future operations.sounds like they are having problems with the merger it is taking a lot of time.They had better start producing more oil and produce on the horizonal wells or were in for a long summer.If I were Mesa I would have checked the nearest horizonal well close to the one they quit and asked the company that owned the well what kind of problems they had if any bringing in the well. it could have saved them some trouble,but the rig broke down anyway. until next time good luck and god bless.

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