Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
We have all the evidence we need, every day again there is new and improved proof.
But either way, it would not make one iota of difference regarding the gameplan of the ERHC longs: we wait comfortably for ERHC news.
It must be excruciating for ERHC shorters, to wait, wait, wait, while they know how this is going to end for them... can they still sleep at all, I wonder? It has become a 24/7 job for them... chasing windmills.
The big problemos for the ERHC shorters started when it came out that there was High Stakes (per KOSMOS Top Lawyer Daniel Charest) going on over just one simple, shitty ERHC block in the EEZ...
That was/is the very reason why bankruptcy is just a pipe dream for ERHC shorters.
And now they are stuck here, as we can witness on a daily basis....
They even had to come up with a totally new ERHC "investing strategy" in order to try to justify their daily, very time consuming, presense: spreading negative, irrealistic, absurd ERHC bullshit.
That is exactly what I just said, some have no option than to sit it out.
We as long always have an option to sell our ERHC shares...
but we won't sell them to ERHC shorters, we wait untill ERHC news. Ehehehe.
Yes, indeed. And even I am surprised that the stakes in ERHC were that high for them, evidently. Judged by the huge amount of bullshit that is being spread for such a long time, one can deduct the shorters are in deep, deep... problemos.
Please provide any evidence of short seller in this issue.
As opposed to pumping this pos for the last 10 years?
Me and my 318 shares arent going any where.
My guess the shorts screwed up the boss plans and now they will pay the pipper
jmho
Actively working to fight the obesity problem plaguing our country (donuts just one example) would be a much better use of one's time compared to spreading falsehoods about a stale company like erhc (fake phone conversations, made up short positions, dollars/share, buyout deal, etc.).
The SEC, the OTC Markets group, and most brokerages in the U.S. know how bad a company erhc is and they are actively discouraging and even preventing foolish investors from buying erhe stock. I have no problem participating in that effort, particularly when it comes to debunking falsehoods spread by erhe's largest shareholder and his group of stuck investors.
Donuts are bad for you! Did you hear what I said, donuts are really bad for you! I think I’ll spend 10 years of my life 24/7 warning people about the dangers of donuts(Erhe). Absurd.
Financial system coming after short sellers - another delusional prediction based on sketched head short sellers that don't exist. Like the asinine claims of talks with SEO and Buffett, not a shred of proof to prove any of them exist.
Where is the done deal?
What happened to the dollars/share?
Why is no one addressing those bullshit claims anymore/
Just the thought, that by a stupid decision by some, other people will become filthy rich...
is an intolerable thought.
I feel for the ERHE shorters...
Waisting years of their lives, and end up with the financial system coming after them....
Normally it's best for an ERHE shorter to look where the sun doesn't shine...
Mark this post for later on, ok?
ERHC Shorters that think they are out of the woods, live in LA LA land.
So its bullshit.
Like we dint know. LOL
It took me awhile to figure out where to look, but when I did, a lot suddenly became crystal clear. Sorry you'll have to figure out on your own where to look.
Bullshit. Dont need BK when its in triple digits for 5 years. Another BS narrative that has been debunked.
Whooper bullshit.
Then provide the link. No link then its bullshit.
Obviously the made up, fake communications with SEO and Buffett are worth less than a share of erhe which is very close to zero and has been for over 5 years. Maybe add come credibility to those false claims by creating sketches of their heads, SEO with Chairman hat and Buffett holding the infamous erhc license plate?
Good luck with your worthless erhe shares. Remember to follow dickran's advice and don't sell until they reach dollars. lmao.
Yes, what I meant:
erhe stuck near zero for over 5 years and still no news, no financials, just stuck longs with billions of shares and no way out.
Where is the done deal?
Where are the dollars/share?
SEO and Buffett, lmao.
And in the end it does not matter, since ERHC is kept alive for a reason.
Remember, High Stakes litigation over ONE shitty ERHC block... taking over 2 years, when they expected it to last 3 months...
If your not long on ERHC, you have a serious problem. If you are short on ERHC, then the word 'problem' is an understatement.
Shorting's prohibited on grey-expert market where ERHE resides.
There aren't any shorts.
KIndergarten level ERHC shorters, are so incredibly.....
They wouldn’t know investing if it hit them on the back of the head. Unbelievable.
I told Sir Emeka Offor that the more time he spends on ERHC, posting bullshit everywhere on the internet, the bigger his financial stake in ERHC is.
Warren Buffett agreed.
fernando, your relationships with SEO and Warren Buffet are very impressive. Hangin' with these big boys makes it even more amazing that you can't seem to understand why avoiding bad companies makes sense.
Let me ask a simple question based on your claim that trying to alert potential investors about erhc negatives equates to having a short position. Following your logic, does that mean the SEC, OTC Markets, and most U.S. brokerages have short positions in erhe? All those entities have ongoing, active actions in place to protect people from buying erhe shares. And still only 55 erhe shares are reported by FINRA as being shorted.
Better call Warren or SEO, it seems that your logic is missing something.
If some ERHC stakeholders are still hoping for a bankruptcy, consider the Powerball Lottery... odds are way better over there.
One Has To Know Where To, Look.
I am sorry if you can't understand how not owning terrible stocks is part of a good investing strategy. Even the SEC, OTC Markets and most brokerages in the U.S. are doing their best to keep people from buying this crap. Just as "irrealistic" is not a word, erhe is not a stock that anyone should buy because they believe the asinine dollars/share, buyout deal, billions of short shares nonsense.
The answer to your last question is another obvious one. By avoiding erhe and NOT having one's capital tied up for over 5 years with absolutely no return and no way out, that capital was free to be invested in any number of indices, mutual funds, etf's or individual stocks as the market set new all time highs. Not rocket science, not sure why that same question is asked again and again.
Bullshit. There are no such posts on FB.
He doesn't want investors buying in Canada plus he's hoping U.S. investors will give up and sell because selling is still something they can do, albeit only at the low prices the short sellers want.
Things are humming along nicely despite the utter silence being experienced.
Krombacher
Still repeating the same bullshit narrative.
No deflection by me, nothing ambiguous about it - don't by this piece of crap company. Been saying that ever since erhc management mishandled its use of convertible debt, and it's been all down hill from there.
Jury still out for over 5 years? .lmao. This company is so bad and so far gone, even the hand full of stuck investors can't find anything to discuss other than made up stories about billions of erhe short shares, a sketched head they pretend to be a real person, and not a shred of proof to spport any of it. Pathetic.
"Crickets" is the new ERHC 'investing' strategy... ?
This whole investing strategy narrative is bullshit. The short sellers covered a very very long time ago. This issue was in triple zeros for 5 years before it became untradeable.
Just more deflection by the bag holders.
Is this the ERHC 'investing' strategy? I think it's part of it, right?
High stakes litigation by Big Oil, over an ERHC block... multiple years. That hurts...
The ones that shorted ERHC must feel like... trapped, stuck.
Provide link or its bullshit.
Maybe that friend on facebook just can't stand liars. Dollars/share? Waves of African buying? Done deal? Billions of erhe shorted shares? Fake libel suits? Margin calls, short squeezes, erhe dividends? Drill ships on the way to block 4? Offor bought a billion shares in an hour? Gag order preventing erhc from disclosing election of new COB? Sketched head short seller? It never ends.
I Don't Understand Why Our Friend On F.B. has been trying to save us from ourselves for over a decade. Wants to save us from buying a bad stock. Why does he bother?? When... WE CAN'T BUY THIS STOCK IF WE WANTED TO!!!!! Day after week after month after year. Facebook dude give it a rest, we CANNOT BUY ERHE. You're trying to convince us not to buy a stock WE CAN'T BUY ANYWAY.
LMAO!! This scumbag on Facebook that keeps posting the same thing over and over14,000 times day after day is an obviously shorter of HUGE amounts of Erhe shares with a definite stategy.
Us longs are not stupid. Just smart. You'll see.
Bologna.
ERHE is close to paying over $5. A share.
Maybe near $25.
Remember, you heard it right here.
Go ERHE————-:)
Followers
|
745
|
Posters
|
|
Posts (Today)
|
8
|
Posts (Total)
|
362579
|
Created
|
08/07/03
|
Type
|
Free
|
Moderators Tamtam ssc Homebrew BearRickPunch |
ERHC's common stock is traded on the OTC Grey Sheets (No Bid/Ask) under the symbol "ERHE."
ERHC Energy Inc. is a Houston-based independent oil and gas company focused on exploration of its working interests in the Gulf of Guinea, off the coast of central West Africa. We are proud of our heritage of visionary leadership that was responsible for ERHC being among the first to identify the possibility of significant oil reserves in what was once an undeveloped oil region of the world. We continue to build upon that heritage by continuing to be willing to take chances and having the commitment to do the hard work necessary to realize the value of our assets.
Today, ERHC has interests in Blocks 2, 3, 4, 5, 6, and 9 in the offshore Joint Development Zone (JDZ) of Nigeria and the island nation of Sao Tome and Principe. The National Petroleum Agency of São Tomé & Príncipe (ANP-STP) on behalf of the Government of São Tomé and Principe has awarded ERHC Energy 100 percent working interests in Blocks 4 and 11 of the São Tomé & Príncipe Exclusive Economic Zone (EEZ). In addition to the two Blocks already awarded, ERHC has rights to acquire up to a 15 percent paid working interest in two additional blocks of its choice in the EEZ.
The Company has signed participation agreements with subsidiaries of Addax Petroleum Inc. and Sinopec Corp. The operators of JDZ Blocks 2 (Sinopec), 3 (Anadarko) and 4 (Addax) have secured approval from the Joint Development Authority for drilling locations. Additionally, ERHC continues to pursue other potential oil and gas acquisitions, where feasible.
JDZ Block 2: 22.0%
JDZ Block 3: 10.0%
JDZ Block 4: 19.5%
JDZ Block 5: 15.0%
JDZ Block 6: 15.0%
JDZ Block 9: 20.0%
ERHC will be responsible for its proportionate share of exploration and exploitation costs in the EEZ blocks.
The São Tomé & Príncipe EEZ encompasses an area of approximately 160,000 square kilometers south and east of the Nigeria/São Tomé & Príncipe Joint Development Zone and surrounding the volcanic islands of Príncipe and São Tomé. Block 4 is situated directly east of the island of Principe. Block 11 is directly east of the island of Sao Tome.
Ocean water depths around the two islands exceed 5,000 feet, depths that have only become feasible for oil production over the past few years; however, oil and gas are produced in the neighboring countries of Nigeria, Equatorial Guinea, Gabon and Congo.
The African coast is less than 400 nautical miles offshore, which means the exclusive economic zones of the concerned countries overlap.
Operations in JDZ Block 2
ERHC's consortium partner Sinopec Corp. is the operator in JDZ Block 2. In August 2009, Sinopec commenced exploratory drilling of the Bomu-1 well, which was completed in early October 2009. The NSAI report estimated ERHC's unrisked prospective resources in JDZ Block 2 totaled 77 million barrels of oil and 93.9 billion cubic feet of natural gas (P50). The NSAI report estimated ERHC risked prospective resources in JDZ Block 2 totaled 38.3 million barrels of oil and 47.9 billion cubic feet of natural gas (P50).
Operations in JDZ Block 3
The NSAI report estimated ERHC's unrisked prospective resources in JDZ Block 3 totaled 27.3 million barrels of oil and 32.9 billion cubic feet of natural gas (P50). The NSAI report estimated ERHC risked prospective resources in JDZ Block 3 totaled 8.7 million barrels of oil and 10.5 billion cubic feet of natural gas (P50). The operator, Addax Petroleum, began drilling the Lemba-1 well in October 2009 and completed drilling in November 2009.
Operations in JDZ Block 4
ERHC's consortium partner Addax Petroleum is the operator of JDZ Block 4. In August 2009, Addax took possession of the Deepwater Pathfinder deepwater drill ship and started drilling the Kina prospect. The NSAI report estimated ERHC's unrisked prospective resources in JDZ Block 4 totaled 231.6 million barrels of oil and 245 billion cubic feet of natural gas (P50). The NSAI report estimated ERHC risked prospective resources in JDZ Block 4 totaled 88.4 million barrels of oil and 86.2 billion cubic feet of natural gas (P50). In 2009, Addax Petroleum drilled the Kina, Malanza-1 and Oki East wells.
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2012 (from 10Q)
Weighted average number of shares of common shares outstanding | 738,933,854 |
Authorized shares: 950,000,000
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ERHC Energy Milestones
In May 1997, ERHC entered into an exclusive joint venture with São Tomé & Príncipe. ERHC sought that agreement because it identified the possibility of significant reserves offshore of Sao Tome & Principe years before anyone else did and was willing to undertake the hard work necessary to realize the value of these assets.
All of the proceeds from these sales were received by the Company during the quarter ending March 31, 2006.
Block 11A encompasses 11,950.06 square kilometers or 2.95 million acres (click on map to enlarge). The Block is situated on Kenya's border with South Sudan to the north, Block 11B and Lake Turkana to the east and near Kenya's border with Uganda to the west.
-Link to the June 2009 Sao Tome and Principe AAPG (American Association of Petroleum Geologists) Conference slide presentation in Denver. It shows EEZ Block delineations and much more: http://www.internationalpavilion.com/ip_2005/Denver09_Talks/Presentation%20Sao%20Tome%20&%20Principe%20AAPGv3%20(2)_files/frame.htm
-The National Petroleum Agency of São Tomé & Príncipe (ANP-STP) on behalf of the Government of São Tomé and Principe has awarded ERHC Energy 100 percent working interests in Blocks 4 and 11 of the São Tomé & Príncipe Exclusive Economic Zone (EEZ). The ANP-STP has indicated that it expects to invite ERHC to negotiate Production Sharing Contracts (PSCs) on the two Blocks in due course. In addition to the two Blocks already awarded, ERHC has rights to acquire up to a 15 percent paid working interest in two additional blocks of its choice in the EEZ. The ANP-STP has informed the Company that selection of these other blocks will take place at a later date to be determined.
-Another great post on the EEZ can be found here: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36450859
-Possible pre-salt oil deposits in the EEZ: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36565661 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36570193 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36596746 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36450859 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43260765
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Operators/ partners for Blocks 2,3 and 4
http://www.addaxpetroleum.com/home (Block 4)
http://www.addaxpetroleum.com/home(Block 3)
http://english.sinopec.com/ (Block 2)
Deepwater rigs
http://www.pacificdrilling.com/
http://www.fredolsen-energy.no/?aid=9048927
http://www.seadrill.com/
http://www.deepwater.com/fw/main/default.asp
http://www.saipem.eni.it/index.asp
http://www.deepwater.com/fw/main/Sedco-702-92C77.html?LayoutID=17
http://www.marinetraffic.com/ais/nl/shipdetails.aspx?MMSI=636014746
Deepwater rigs video's and animations
http://www.youtube.com/watch?v=Ii2zOZh41eA
http://www.deepwater.com/fw/main/Discoverer-Clear-Leader-Begins-Operations-410C1.html?LayoutID=6
Presentations
Growth Company Investor Show 2008 in London
http://www.youtube.com/watch?v=sgXCHO-Ot4E part 1
http://www.youtube.com/watch?v=OQm6SwY5ceo part 2
http://www.youtube.com/watch?v=aaam9Tyh4DE Q&A part
ERHC Web TV presentation to RedChip Conference
http://www.modavox.com/events/redchip/0608/room1.html
CEO Peter Ntephe Interview - on RedChip TV
http://www.modavox.com/events/redchip/0608/ceo_interviews.html
DD web sites
Facts about ERHC/ERHE: http://www.erhc.com/en/cms/?60
FAQ about ERHC/ERHE: http://www.erhc.com/en/cms/?56
http://www.anp-stp.gov.st/eng/
http://www.enercominc.com/
Track drillships marinetraffic.com/ais/default.aspx
http://www.erhc.com
http://finance.yahoo.com/q?s=erhe.ob
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000799235
http://www.otcbb.com/asp/Info_Center.asp
http://www.nigeriasaotomejda.com/
http://www.investorshub.com/boards/read_msg.asp?message_id=5721853
http://www.equatorialoil.com/pages/TechReview.html
http://www.nigeria-oil-gas.com/
http://www.sao-tome.com/englisch/index.htm
http://www.eia.doe.gov/emeu/cabs/nigeria.html
www.ods-petrodata.com/odsp/day_rate_index.php
Industry News
http://www.rigzone.com/news/
http://www.oil.com/
http://www.platts.com/
Articles
The New Yorker, 10/07/2002, OUR NEW BEST FRIEND, by JON LEE ANDERSON,post #3510
http://investorshub.advfn.com/boards/read_msg.asp?message_id=6512250
DAILY INDEPENDANT, Tuesday May 24th, 2005, The long wait for JDZ deal POST #3035
http://investorshub.advfn.com/boards/read_msg.asp?message_id=6479732
Area News & Newspapers
http://www.allAfrica.com
http://www.nigeriamasterweb.com/paperfrmes.html
http://www.nigeriamasterweb.com/newsfrmes.html
http://www.independentng.com
http://www.ngrguardiannews.com/
http://www.newswatchngr.com/
http://www.punchng.com
http://www.thisdayonline.com/
http://www.vanguardngr.com/
http://www.jornal.st/index.php
http://www.tekoilandgas.com/technology/glossary-of-terms
AKPO information
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48439213
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48446472
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ERHE 8K 4-24-2017
http://archive.fast-edgar.com//20170424/AI22B22CZC228JGU22222Z32GOMFIC22Z292/
https://www.otcmarkets.com/stock/ETBI/overview
_____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |