InvestorsHub Logo
Followers 51
Posts 13754
Boards Moderated 0
Alias Born 07/12/2008

Re: EastAfricaOil post# 317251

Friday, 07/22/2016 12:50:24 AM

Friday, July 22, 2016 12:50:24 AM

Post# of 360738
CEPSA's discovery in Peru took about 75 days to drill and about another 65 days to announce. We are way past that now. Below is a link to the announcenent. I can't find a single instance of CEPSA ever announcing a dry hole. That is likely ERHCs responsibility. CEPSA has no reason to announce a dry hole. ERHC will delay as long as possible so the paychecks can continue to be cashed

http://www.1derrick.com/cepsa-makes-oil-discovery-in-block-131-peru/12867/