Formerly etysot

[jsc52033]

Hi folks. I'v been consumed with just trying to keep up with my favorite oils. TGA shot up and dumped on great earnings news.Reserves nearly trippled at the cost of lower earnings. Now which would you sooner have? known oil in the ground which can be extracted and sold, or the few dollars from last years sold oil sitting on a balance sheet and less known oil in the ground as you sold some? People who don't know E&P companies sold. I bought at 6.68 and 7.25 Ya should have waited for the potential 5.90 chart support but I'd sooner have it then miss. TGA is moving the rig to a new fill in well. Known oil under the site will likely spud in next week. WHen it completes will be 3-5000 bopd.But its a fill in not a new discovery. They will then move to a new wildcat which is reportedly a little higher risk area then the last dry hole. But it does have a chance or they would'nt go there. If it hits it will be very big. You don't find elephants at the south pole, and you need to hunt for them. Now for the BIG ELEPHANT or as some say the minnow. ERHE will be in the news with-in 2 weeks XOM must give its decission by MARCH 18. Some believe it could be today. IMO the researdh boys had to go home to the big shot callers give them plan A B C and wait for the boss to make the call. It will more likely be XOM calls on 3-16-18. Give JDA 3 days to plan a PR release party and you are at MArch 24 just before Good Friday. Thats my guess. If not right after Easter. ERHE has solid rights. What they may also have are operation rights on a tract or two with pxd etal. Hope eveeryone is well
I still miss all the great posters from the old board. OH take a look at calvf I picked up 25,000 last week 10 @.125 15 @ .115 ( I now have over 300,000 erhe)