I think at about 3:00 we could use an Oilphant placebo to carry us through the weekend. lol

I understand that, but he's been playing these buy/in candidates like a fiddle, always moving the bar at the last minute. If Marks contacts are correct about 2007 drilling, his majority shares would have to worth a lot more than they are now. This "deal" has been in the works for months and it always seems, according to the sources de ju, that a last minute player gets into the act. There must be plenty of them out there holding dance cards. But as the saying goes when you dance with a gorilla the dance stops when he says it does and not a minute to soon. I think the music stops when the drill bits hit the ocean floor.

He'll go when he is good and ready to go. May opinion is after they get to proven. Why would he do it sooner?

No stopping at .90 this time around.

I believe he means Balance Builder.

It would have been great if they could have spiked the rumor about a buy/in. Maybe behind the scenes mean that drilling shcedules are being discussed. I like that he refered to the caliber of Ledbetter and that the new CEO should follow suite. There could be a lot between the lines.

Think of his track record, then answer the question.

When ever was he dead right? As much as we are starved for news he's cried wolf way to often. IMO.

Can you share what the greatest fears are about the DOJ. I am sure a lot of the people that are here would like to hear your thoughts.

Cowboy; thanks for getting that out in the open. Converging rumors have all indicated the same thing about buy/ins, drill schedules, etc. Its either a deal or it isn't. All "sources" say yes, share price says no. Volume will precede any announcement IMO.

And lets not forget, Offor to speak Thursday (as in last Thursday)

FUN?! What's your definition of torture? lol

When you say three figures. Do you mean like $3.57 pps or $103.50? At one time, a few years ago, I heard the latter from a very reputable source. TIA

9,500 shares at 1:21 PM. Yep, pretty pathetic.

Your not pulling an Oily are you?

The news is in the volume. No volume no news, IMO.

Not backing down. How Clintonesque! Bravo.

If its in African time the year is 2020. lol

Can't you see its in his latest riddle? lol.

OT; Red try baked stuffed with crab meat. Food net.com has all sorts of good recipes. Enjoy!

Tam; Spending New Years on Cape Cod and thinking the exact same thing.

Tam; Spending New Years on Cape Cod and thinking the exact same thing.

Ditto on everything that has been said. Pray for the things that truly manner. Good luck & good health to you and your family. As a matter of fact, good luck to all of us.

Merry, Merrt Christmas to all!! Good tidings throughout the New Year.

BB, my first thought about Ledbetter was, he was someone WB would have hired given the chance. I remeber Electic said that WB wanted to get rid of the Nigerian image.

Does XOM have a stake. like you previously claimed?

Okay, now which foot are we to jump to buyin/buyout? Could Offor be putting in window dressing to attract a player, it almost sounds like someone WB would have hired to put a more "western" face on the company. I don't know if this qualifies as AHBL, but maybe its a start.



















sounds

Dosen't sound like a guy who would get involved with a scam. Also very western with world wide experience. Hope this gives us a boost.

No it looks like a take down.

I believe that the real news will bear well over 10 million in volume for starters. Hedge funds etc. will drive this on news not rumor IMO.

Sure as hell hope so. Too many sources on this one to be a false alarm IMO. I think those who sell into the next run are going to be in for a rude awakening.

Does Coleman still have his shares? (3mil, I believe) I know he has filed a 144 before, but to my knowledge he has never sold. He will do well if this goes according to the myriad of scenarios that are out there now.

Offor is facing legal threats by shareholders preparing individual and class-action lawsuits.

Their complaints range from compensation for unpaid fees to the alleged usurpation of corporate opportunity arising from a deal he struck with Addax Petroleum for deep-water acreage through Nigerian independent Starcrest Energy, another company he controls.

Where are these threats coming from? Meridien, Rancho, who?

It shows date of sale 12/7 or am I reading that wrong?

So these were sold?

Thanks alot for a great update.

OT It does not speak well of his constituency IMO.

Emeka O is supposed to speak... When....who knows.

Says its up 11%, which is a good thing.

We'll see how the market reacts to this latest article. So much for charts IMO.