ERHC Energy Inc (ERHE)

[midtieroil]

When they drill 5 dry holes in a single area back to back that is just plain stupid. I never said ERHC was entirely to blame. There were major mistakes by all involved. You probably believe there is oil in the JDZ as do I. Five wells should have been plenty to find some. So whose fault was it they didn't.

My biggest problem with ERHC has consistently been poor decisions by a management that I don't believe is qualified. We've been through all of their screw ups enough times. I have listed what they have done right and what they have done wrong. The negatives overwhelm the positives and the share price clearly reflects that. If you want to say they are great that is fine with me. But looking at their full body of work, they aren't. And to be honest, I think you know that.