Friday, October 1, 2010

Mesa Energy Holdings, Inc. (MSEH) Issues Operations Update on Oil and Gas Activity

Mesa Energy Holdings, Inc. issued an operations update on the company’s oil and gas activities in New York.

Mesa Energy Holdings, Inc. is currently drilling test wells at the Java natural gas field located in Wyoming County, New York. The company intends to determine the potential of the Marcellus Shale and other formations on its acreage in the field.

Mesa Energy Holdings, Inc. recently drilled and recompleted the Reisdorf Unit #1 well. The well was drilled to a depth of 1,380 feet and completed with a hydraulic fracturing operation. The company said that the Reisdorf Unit #1 well had a production rate of 220,000 cubic feet per day of natural gas.

Mesa Energy Holdings, Inc. said that the Reisdorf Unit #1 well found two viable shale formations at a shallower depth than the Marcellus shale. The company also reported that the well encountered the Onondaga zone, a limestone formation that is present below the Marcellus Shale.

The Ludwig #1 well was also recompleted by Mesa Energy Holdings, Inc. with a hydraulic fracturing operation. The well is still undergoing testing by the company to determine its commercial potential.

Mesa Energy Holdings, Inc. has approximately 3200 acres under lease in the Java natural gas field. The company also owns pipelines and other assets in the area.

For more information on the company, go to mesaenergy.us

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