Friday, May 27, 2016 1:37:33 PM
With other drilling operators I have seen, I don't recall ever seeing a report part way through drilling. Everyone knows they are drilling. There is only two or three questions to be answered:
Is there oil (Plugged and abandoned or not)?
Is there commercial quantity and quality of oil (how many feet of pay and in how many zones and of what quality....)? Keep in mind, it does take appraisal wells to firm up estimated amounts but generally speaking, they can tell if there was enough feet of pay of oil hit compared to the zones they were targeting to determine if it is generally commercial or not)
When is the next step (appraisal wells in same region, this year or next, or do you move on to a different target for another wildcat well and do appraisal wells next year)?
Recent ERHE News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/06/2024 07:31:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/08/2023 09:06:42 PM
Lingerie Fighting Championships Signs Broadcast Deal With Maybacks Global Entertainment • BOTY • Sep 26, 2024 9:00 AM
Maybacks Global Entertainment and Lingerie Fighting Championships Enter Into Broadcast And Revenue Sharing Agreement • AHRO • Sep 26, 2024 8:30 AM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM