Thursday, October 27, 2011

Mesa Exploration Corp. [TSX-V: MSA] - Mesa Exploration Acquires Seismic Data for Utah Projects

Mesa Exploration Corp. (TSX-V: MSA) ("Mesa") is pleased to announce that the company has acquired 23 line-miles (37 line-km) of historic 2-D seismic data covering the Green Energy and White Cloud projects in southeast Utah. The amount of data is significant and will be used in the interpretation of geologic structures, rock units and verifying a recently completed 3D model. The seismic lines cross the center of the projects and are close to several wells currently being drilled by a private oil/gas company. Mesa is discussing terms to acquire this logging data for the lithium-potash brine bed at the Green Energy project and the multiple potash beds at the White Cloud project.

The seismic data are related to historic oil and gas exploration in the Paradox Basin by Chevron, Sohio and Amoco Oil and were acquired from their archives by Seismic Exchange, Inc. The selection of seismic lines was based on project area coverage and data quality.

About Mesa Exploration

Mesa is developing and exploring a portfolio of mineral properties in the United States where it controls significant land holdings. All projects are within proven mining districts with excellent access and infrastructure. Mesa currently has 14 million shares issued and outstanding, and no debt. For further information please visit our website at www.MesaExploration.com.


No comments: