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Re: Strategyone post# 11805

Monday, 03/13/2017 7:27:27 PM

Monday, March 13, 2017 7:27:27 PM

Post# of 18777
ERHC had total control of all their blocks at one time. If they were so foolish that they gave up all control over all decision making that is the best example of gross incompetence yet. ERHC had great partners in the JDZ, they ran them off and they ended up with SNP. That was a colossal blunder and so was CEPSA. Both are huge companies but neither is known for their exploration expertise. Both are mainly refiners. Not explorers. Both lacked technical expertise and SNP even admitted it. 6 wells between them, 0 discoveries.

ERHC management is fully responsible for every decision made in all the blocks they completely controlled at one time. Saying they aren't responsible is absurd. What would it take to hold Ntephe responsible for anything that has happened to ERHC? He is supposed to be the CEO isn't he?

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