InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,509.01
(
0.62%
)
US TECH 100
19,460.00
(
0.95%
)
Dow Jones
39,331.85
(
0.41%
)
Brent Oil
86.58
(
0.15%
)
Bitcoin
60,933.98
(
-1.76%
)
Post# of 361450
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (4) Keep Next 10 Report Keyboard Shortcuts
Replies (4) Next 10 Prev Next

extractor8

Send PM Follow Ignore
Followers 10
Posts 47
Boards Moderated 0
Alias Born 06/21/2006

extractor8

Re: tryoty post# 73001

Thursday, 09/14/2006 2:17:27 PM

Thursday, September 14, 2006 2:17:27 PM

Post# of 361450
Offor and Gandur's projects.

I do not think that Offor wants to build a major oil company. It is just too long and far too complex to manage. What have we seen so far in terms of hiring oil professionals, or other activity, to build this major oil company? Nothing. Offor's only concern seems to be to keep his overheads down, no investment in the future whatsoever. Offor owns a huge asset and wants the highest price for it. And he knows that proven oil is five times the price of probable oil.

With regards to Jean-Claude Gandur, who singlehandedly build really succesful Addax Petroleum, he declared that he would like to have more time for himself and for his hobbies, like his Egyptian art collection. Understandable given his age.

You draw your own conclusions. Just my 2 cents.

GLTYA


Public Reply Private Reply New Post
Keep Last Read
Replies (4) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (4) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent ERHE News
More ERHE News
InvestorsHub NewsWire

FEATURED BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • Jul 2, 2024 7:19 AM

EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM

NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM

Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM

VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM

North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM

Start posting your company's news
Only $200 per official company press release!