Mesa Energy, Inc. declares the successful testing of the Cook #1 gas well in its Coal Creek Prospect. The well was tested on May 13, 2008, and flowed 900 thousand cubic feet per day on a 32/64ths choke.
Final construction of approximately three miles of pipeline which will connect the Cook #1 and future wells to an Arkansas Oklahoma Gas Company (AOG) sales line is expected to begin in a few days.
In addition, a rig has been scheduled for June 15, 2008, to drill and complete the Gipson #1, a direct offset to the Cook #1 and a twin to the Eglinger #1. The Eglinger #1 was drilled in 1944 in search of oil and encountered gas in two Brent Sand zones between 1,200 and 1,300 feet. It tested 1.5 million cubic feet per day from these intervals. Due to the lack of a viable gas market at that time, this well was not hooked up and was later plugged. The Gipson #1 will be drilled to a total depth of approximately 4,500' to test the Brent Sand as well as other prospective zones.
The Coal Creek Prospect is an 800 acre developmental prospect targeting the Brent Sand, a shallow gas reservoir present in the Arkoma Basin of eastern Oklahoma. We believe there could be several additional offset drilling locations and expect additional wells to be drilled later in 2008 as part of the overall development plan for the property.
Randy M. Griffin, Mesa's Chief Executive Officer, stated: 'We are extremely pleased with the results of the testing of the Cook #1 and look forward to commencement of production in this field very soon.'
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