Mesa Exploration Acquires Seismic Data for Utah Projects
27 October 2011 - 1:00AM
Marketwired
Mesa Exploration Corp. (TSX VENTURE:MSA)(PINK SHEETS:MSAJF)
("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 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.
ON BEHALF OF THE BOARD
MESA EXPLORATION CORP.
Foster Wilson, President and CEO
This news release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, including the likelihood of
commercial mining and possible future financings are
forward-looking statements. Although the Company believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in the forward-looking statements. Factors
that could cause actual results to differ materially from those in
forward-looking statements include unsuccessful exploration
results, changes in metals prices, changes in the availability of
funding for mineral exploration, unanticipated changes in key
management personnel and general economic conditions. Mining is an
inherently risky business. Accordingly the actual events may differ
materially from those projected in the forward-looking statements.
For more information on the Company and the risks and challenges of
its business, investors should review the Company's annual filings
that are available at www.sedar.com
The TSX Venture Exchange has neither approved nor disapproved of
the contents of this news release.
Contacts: Mesa Exploration Corp. Corporate Communications
775-824-4533www.MesaExploration.com
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