DALLAS--(BUSINESS WIRE)-- Mesa Energy Holdings, Inc. (the “Company” or “Mesa”) (OTCBB: MSEH), an oil and gas exploration and production company, announced today that the role of Carolyn “Monnie” Greer, Executive Vice President – Engineering and Director, has changed effective October 1, 2012. Monnie has elected to reduce her role with Mesa going forward in order to focus on other interests and opportunities. We expect that Monnie will continue to assist the Company in a consultant capacity involved with reserve analysis, the drilling of the Company’s PUD wells at Lake Hermitage and such other roles as may be mutually determined. She will no longer be an executive officer but will continue to be a member of our board of directors.
Monnie has had a distinguished career with Shell Oil Company and a number of other Gulf Coast oil and gas companies and her many contributions to the industry in the south Louisiana area are well-known in industry circles. In June of 2010, Monnie became a co-founder of Tchefuncte Natural Resources, LLC (“TNR”) and served as its President and Chief Executive Officer until the Company acquired TNR in July 2011.
“To have co-founded Tchefuncte Natural Resources, LLC and watched it grow into a valuable asset for a public company such as Mesa has been one of the most richly rewarding experiences of my lifetime. Mesa is well positioned to continue to grow and prosper for quite some time. I look forward to my next exciting challenge,” said Monnie Greer, Executive Vice President of Engineering.
“Monnie has played a very important role in the Company’s growth and development in south Louisiana and we will miss her day to day involvement. We all wish her the very best with her new endeavors. Her contribution to the continued growth of the Company has been significant and she has been an integral part of our success in south Louisiana,” said Randy M. Griffin, CEO of Mesa Energy Holdings, Inc.
About Mesa Energy Holdings, Inc.
Headquartered in Dallas, TX, Mesa Energy Holdings, Inc. is a growth-oriented Exploration and Production (E&P) company with a definitive focus on growing reserves and net asset value per share, primarily through the acquisition and enhancement of high quality producing properties and the development of highly diversified developmental drilling opportunities. The company currently owns producing oil and natural gas properties in Plaquemines and Lafourche Parishes in Louisiana as well as producing and developmental properties in Garfield and Major Counties, OK and Wyoming County, NY.
More information about the Company may be found at http://mesaenergy.us.
Certain statements in this news release, which are not historical facts, are forward-looking statements. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Actual results may differ materially from those currently anticipated due to a number of factors which may be beyond the reasonable control of the Company, including, but not limited to, the Company’s ability to locate and acquire suitable interests in oil and gas properties on terms acceptable to the Company and to integrate and successfully exploit any resulting acquisitions, the availability and pricing of additional capital to finance operations and leasehold acquisitions, the ability of the Company to build and maintain a successful operations infrastructure, the intensity of competition, changes and volatility in energy prices and general economic conditions. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release. Additional information on risks and other factors that may affect the business and financial results of the Company can be found in the filings of the Company with the U.S. Securities and Exchange Commission at www.sec.gov.
Mesa Energy Holdings, Inc.
Source: Mesa Energy Holdings, Inc.