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Mesa Energy Raises $1.945 Million

February 26, 2010 (FinancialWire) — Mesa Energy Holdings, Inc. (OTCBB: MSEH) has completed $1.945 million in financing through a private placement of its two year, 10% secured convertible promissory notes with institutional and accredited investors.

Mesa said the financing will enable the company to explore and develop its Java Field natural gas project located in western New York.

Texas-based Mesa Energy is an exploration stage oil and gas exploration and production company with a focus on the Devonian Black shale in the northern Appalachian Basin in western New York.

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