Mesa Energy Overview
Mesa Energy Holdings, Inc., based in Dallas, Texas, is a growth-oriented, publicly traded Exploration and Production (E & P) company with a definitive focus on growing reserves and net asset value per share, primarily through the acquisition and enhancement of high quality producing properties and the development of highly diversified developmental drilling opportunities.
Mesa’s management team is comprised of experienced industry professionals whose track record of success has earned the respect of their professional peers. With extensive upper-management and technical expertise, Mesa’s officers and directors have a deep understanding and appreciation of each business activity in which the company is engaged and they are all working hard to take the company to the next level.
The acquisition of existing production with high potential for enhancement is an important part of our business model. We believe that the consistent, dependable revenue stream generated by production acquisitions provides basic overhead coverage as well as a solid foundation for future growth. When seeking to acquire existing production, we look for opportunities within our core areas where we believe we can add significant value and where the economics are attractive. We prefer to avoid competitive bid situations and focus on negotiated opportunities, preferably near our existing operations. Our extensive network of industry relationships contributes to a continuous flow of high quality prospects and production packages.
On the drilling side, Mesa strives to drill multi-well, repeatable projects in low-risk basins with high potential for the creation of significant recoverable reserves. Such areas provide a dynamic for the creation of substantial shareholder value. We utilize all appropriate technologies to identify optimal well locations in order to maintain high drilling success rates.
The company’s business philosophy is to maintain reasonable levels of administrative overhead and to achieve long term success through balance and diversification.
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Mesa Energy Holdings, Inc./MSEH Featured in Independent Research Report by Caprock Risk Management, LLC