The company has a 23.12% working interest in the Mesa 13A2-22D property and it expects to invest approximately $11.3m to fund the initial 10 wells Mesa program.
An additional 11 well program at Mesa is contemplated during the second half of 2011 utilizing a second rig.
The additional rig will be positioned at a recently constructed second simultaneous operations development pad located northwest of current drilling operations.
At Mesa, the company currently has 19 developed producing wells with an additional inventory of 96 undeveloped proved, probable, and possible Mesa locations including 54 possible locations on 5-acre spacing.
