Replies to post #615 on Mesa Energy Holdings, Inc. (fka MSEH)

[biztech]

germanium123,

I'm waiting on cost information and production numbers. It will boost total oil produced but the cost may be frontloaded for several quarters directly impacting bottom line. Othere leases provide drilling opportunties which bear a risk of failure.

Previous discussions focused on possibility for future drilling on proven reserves on existing properties. We'll see how those materialize along with future endeavors.

Next earnings report will paint a better picture, for now the stock should continue to stagnate, hope the post-election market doesn't drag this along with other stocks down to new lows!