Armada Oil Completes Acquisition of Mesa Energy Holdings

The Dallas-based exploration company Armada Oil and Mesa Energy Holdings today announced the closing of the asset purchase agreement and completion of the business combination of Armada Oil and Mesa on March 28, 2013. In completing the transaction, Armada Oil has acquired 100% of Mesa Energy, a wholly owned subsidiary of Mesa that holds substantially all of the assets of Mesa. In return, Mesa stockholders will be issued 0.40 shares of common stock of Armada Oil for each share of Mesa that they own as of the close of business on March 27, 2013.

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