Mesa Energy Holdings Inc., Dallas, (OTCBB: MSEH) reports progress on its Coal Creek project targeting gas in the Hunton Sand, the Brent Sand, and a shallow Atoka gas reservoir in the Oklahoma Arkoma Basin.
The company has a 78% net revenue interest in eight oil and gas leases covering approximately 700 acres in Sequoyah County. The project is operated by a third party.
The project includes two recently drilled wells, the Cook #1 and Gipson #1. Both wells have been successfully completed, tested and connected to an Arkansas Oklahoma Gas Co. sales line and initial production and sales have begun from these wells. Mesa Energy believes there are multiple offset drilling areas and expects them to be drilled beginning in 2010.
Mesa Energy chief executive Randy Griffin says, “Although our philosophy is to operate all of our properties, we have a long-standing relationship with the operator on the Coal Creek project and we are pleased with the working arrangement in place. We are also pleased with the completion and tie-in of our two wells, and we look forward to further drilling developments on the property in 2010.”
The Arkoma Basin is in southern Oklahoma and western Arkansas consisting of Middle Cambrian to Late Mississippian age carbonate, shale and sandstone sediments. The Brent Sand is a sandstone member of the Pennsylvanian age Atoka Group, a sequence of marine, silty sandstones and shales generally in eastern Oklahoma and western Arkansas and the Hunton Sand is a Devonian-Silurian age group of interbedded limestone members primarily found in eastern Oklahoma.
Mesa Energy has oil and gas operations in the Appalachian Basin with a focus on the Marcellus shale in western New York.
Recommended Reading
Baker Hughes: US Drillers Add Oil, Gas Rigs for Third Week in a Row
2025-02-14 - U.S. energy firms added oil and natural gas rigs for a third week in a row for the first time since December 2023.
Blackstone Buys NatGas Plant in ‘Data Center Valley’ for $1B
2025-01-24 - Ares Management’s Potomac Energy Center, sited in Virginia near more than 130 data centers, is expected to see “significant further growth,” Blackstone Energy Transition Partners said.
Huddleston: Haynesville E&P Aethon Ready for LNG, AI and Even an IPO
2025-01-22 - Gordon Huddleston, president and partner of Aethon Energy, talks about well costs in the western Haynesville, prepping for LNG and AI power demand and the company’s readiness for an IPO— if the conditions are right.
Cummins, Liberty Energy to Deploy New Engine for Fracking Platform This Year
2025-01-29 - Liberty Energy Inc. and Cummins Inc. are deploying the natural gas large displacement engine developed in a partnership formed in 2024.
US Drillers Add Oil, Gas Rigs for First Time in Eight Weeks
2025-01-31 - For January, total oil and gas rigs fell by seven, the most in a month since June, with both oil and gas rigs down by four in January.