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Panic has set in.
It’s very obvious—-
I guess it was Addax that was recently bought-out...???
Thanks for helping keep things straight.
Thanks.
Weren’t they recently bought out??
Thanks Krombacher...Question...
Who is : ""Wall Street on us,"
................."OILNEWSAFRICA"..............
We wait....as we have for many years..
Also, there could be an Envoy to travel to Houston and knock on the door?
I'm almost 2000 miles NW. or I would go....Anyone???? That would be very proactive!!!
GO ERHC____________
(btw...there have been dozens of deals announced on an African Oil Mag. lately)
Indeed !!
Since you asked :
As of 2019, he was listed as the 272nd richest man in the world with an estimated net worth of US 6.4 billion. Some sources have claimed that Akhmetov has been involved in organized crime, but Akhmetov has never been charged with a crime, his lawyers successfully refuted these accusations.
Political party: Opposition Bloc
Net worth: US$3.0 billion (June 2020)
Known for: Owner, System Capital Management ...?
Nationality: Ukrainian
?Business career · ?Political activity · ?Philanthropy · ?Controversies
Rinat Akhmetov - Forbeshttps://www.forbes.com › profile › rinat-akhmetov
Ukrainian Billionaire Is The Mysterious Buyer Of $220 Million French Villa. Rinat Akhmetov, Ukraine's richest man and mining magnate, has been revealed as the ...
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Rinat Akhmetov: The complicated story of the man behind ...https://www.football-espana.net › 2020/12/01 › rinat-ak...
Dec 1, 2020 — Akhmetov is close to Yanukovych and is denied a visa by the United States. He was said to be an important figure behind the scenes of the 2015 ...
Ukraine's Donbas Don: Who is Rinat Akhmetov? | Eurasianethttps://eurasianet.org › ukraines-donbas-don-who-is-rin...
Jan 29, 2020 — Few people better embody Ukraine's struggle with vested interests than industrialist Rinat Akhmetov. Revolutions in 2004 and 2014 hurt his ...
Ukraine's Richest Oligarch Received $21 Million In US ...https://www.occrp.org › daily › 13014-ukraine-s-riches...
Aug 26, 2020 — Rinat Akhmetov (Credit:Football.ua / CC BY-SA 3.0 GFDL)Rinat Akhmetov, who has also allegedly been linked to organized crime over the ...
Bloomberg Billionaires Index - Rinat Akhmetov - Bloomberg.comhttps://www.bloomberg.com › billionaires › profiles › r...
Rinat Akhmetov was born in 1966 in the Donetsk region of Ukraine, an industrial, Russian-speaking section of the country. Akhmetov started his own business ...
Ukrainian oligarch Rinat Akhmetov richest ... - bne IntelliNewshttps://www.intellinews.com › ukrainian-oligarch-rinat-...
Mar 16, 2021 — Ukrainian oligarch Rinat Akhmetov topped the Forbes richest list for Ukraine, being named its richest man after his fortune swelled by almost ...
Rinat Akhmetov | Financial Timeshttps://www.ft.com › topics › people › Rinat_Akhmetov
Save. January 27 2020. Ukraine's richest man buys €200m French Riviera villa · Rinat Akhmetov to add mansion to portfolio that includes £137m London flat.
Rinat Akhmetov Net Worth | Celebrity Net Worthhttps://www.celebritynetworth.com › richest-billionaires
Rinat Akhmetov net worth: Rinat Akhmetov is a Ukrainian billionaire who has a net worth of $12.7 billion dollars which makes him the richest.
Net Worth: $12.7 Billion
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Rinat Akhmetov
Presidency of Shakhtar Donetsk
Sao Tome: Government signs free trade zone project with Ukrainian investor
April 1, 2021
By LUSA
The São Tomense government has signed a concession contract with investor Shehab Shanti for the development of the Malanza Free Trade Zone in southern São Tomé, valued at US$1.3 billion (1.1 billion euros).
” The strategy of transforming our potential in strategic and geographical terms, our natural beauty as an investment attraction factor is enshrined in the Government’s programme,” said the director of the Trade and Investment Promotion Agency (APCI), Rafael Branco.
The first stone for the launch of the work is scheduled for the next 90 days, but the execution period “will be extended”.
The project will cover an area of 204 hectares, distributed between the communities of Monte Mario and Ribeira Peixe, both in the south of Sao Tome island.
“This project has the virtue of connecting Sao Tome and Principe to the world,” Rafael Branco explained.
In the view of the Ukrainian investor, the project is intended to transform Sao Tome and Principe into a service provision centre like Mauritius or the Seychelles.
“This project will transform Sao Tome as a whole and has all the ingredients to be considered like the Seychelles or Mauritius,” said Shehab Shanti, ensuring that its implementation will create at least 9,000 jobs.
Hotels, a reference hospital, a specialised training centre, a landing strip for small planes, leisure areas and other infrastructures are included in this free zone, which is considered to be the largest private investment project in the country.
“We are in the context of the pandemic, but we have to secure the economy and we have to start working now on the recovery and resilience plan. This project of the Malanza Free Trade Zone is a light at the end of the tunnel,” said the Prime Minister, Jorge Bom Jesus.
The prime minister said that the project could turn “a new page” in the country’s economic and social situation and expressed “sympathy” with the Ukrainian businessman who “decided to invest” in the project, to whom he also asked for “speed” in carrying out the work.
The concession contract is for 90 years and within 60 days the investor must present a detailed development plan for what it will build, which obeys environmental protection and hygiene rules, including waste treatment, and at the same time must also present an environmental impact study
https://www.macaubusiness.com/sao-tome-government-signs-free-trade-zone-project-with-ukrainian-investor/
So,
Kenya block 11A.
We got a 35% carry there. What am I missing.
Also, I bet “Someone” would have come
Up with cash for Total if that would move
us up from the ridiculous 5% that has
Been floated here. You Agree??
Thanks. Gotcha !!
So Qatar has the blocks and Shell is operator.
ERHC has many blocks and Total is the operator.
Hard for me to see 40% difference.
I’m sure your right, care to offer more information? Thank you King
45% Sorry
I’ve been under the impression that our deal with total = ERHC gets 5% and Total and locals get remaining 95%.
But we can now see Shell and Qatar each take 55% even as Shell is the operator.
We know our mgmt is skilled enough to get themselves and stakeholders each 45%.
Anyone care to check in with their thoughts?????
Here's one example of 2 Oil exploration companies advancing several blocks in SW Africa.
Notice the % both companies agreed to:
Qatar Petroleum entered into an agreement with Shell to become a partner in two exploration blocks offshore the Republic of Namibia.
Under the terms of the agreement, which is subject to customary approvals, Qatar Petroleum will hold a 45% participating interest in the PEL 39 exploration license pertaining to Block 2913A and Block 2914B, while Shell (the Operator) will hold a 45% interest, and the National Petroleum Corporation of Namibia (NAMCOR) will hold the remaining 10% interest.
Commenting on the agreement, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, said, “With this second exploration and production sharing agreement in Namibia, we are pleased to expand our exploration footprint in the country, and to further strengthen our presence in the southern Africa region. Working on these promising and prospective blocks with our valued long-term partner, Shell, is another step in our stride towards achieving our international growth strategy. We look forward to working together with the Namibian Government, NAMCOR and Shell on these blocks.”
This is Qatar Petroleum’s second exploration license in Namibia. In August 2019, Qatar Petroleum entered into agreements for participating in blocks 2913B and 2912 offshore Namibia.
What’s offer?
Snot bulls—t my friend.
Agreed !!!
TOTALLY agree !!!
Here's a great read which will help those with no understanding of "Canadian Shorts":
From TAMTAM posted today:
Finally, it is IMPORTANT for EVERYONE invested in ERHC to read this article and understand the games Canadian short sellers play:
https://oilprice.com/Energy/Energy-General/Naked-Short-Selling-The-Truth-Is-Much-Worse-Than-You-Have-Been-Told.html
Excellent read TT.
WE CAN see it here I believe. So do the rest of us longs.
Their time is here. Now.
Current Price
Energy Prices
INDEX PRICE TIME(EDT)
WTI Crude $61.45 9:41 PM
Brent Crude $64.86 9:41 PM
Natural Gas $2.64 9:41 PM
Maybe "Shorts" are a smokescreen here ???
Surely ERHC Management view this board?? AND could merely indicate
"yup, we're under a gag order. TOTAL would object to that? Perhaps SHELL should step in and do this
Deal? Frankly, the Short deal is boring....I'll ask the question again...ERHC still a US Corp. ???
Is ERHC still a US Corp.?
Anyone know for sure?
Emdyal brought up a great subject.
I hope investors are aware of subject.
Yup.......
I believe there are many Hundreds of Investors (both long and short) that view this
site every day. Since the ups and downs during the 2007-09 days, I'm very hesitant
to sell any shares (as in flipping) due to "Oil or Buy-out" any day...soon....I want maximum shares
in my portfolio available before the SP shoots up.
NOW,
It appears that will occur in 2022???? Is that the current belief???
ANYONE?
Got it!
Thanks
Yeah
I was buying, not selling.
I hope when we go to $8.00 or $9.00 I’ll be
Able to sell some. Not all, just in case
We’re like Proudoe Bay !!!!
I traded 4 of my accounts withTD Ameritrade last week buying. All filled except 1.
I haven’t tried to trade on my Etrade acct
Are you hinting:
That All stakeholders are Equal?
But, Some are more equal than others??
Go ERHC—-
Maybe “Bologna” is a substitute??
I’ll improve the vocabulary:
BULLS-Hit )
THANKS !!!!!
Go ERHC——
SUCH DRAMA......
For me, I'm going to watch the SP and wait (as I have since 2007).
link please....
Do you think Shorts are selling to each other?
The information I'm getting every morning from various African websites is
there is a sharp uptick on drilling and mergers, acquisitions. I also wonder if Shell is in the middle
of the ERHC / Total equation?
We need information......PERIOD!!!
PROFITS????
Block 4 could contain anywhere between
Zero to over 9 billion barrels. Leaving total
The vast majority of $$$
Do the math. With crude doubling every 90 days. ( but what do I know?)
You’re discounting the likelihood
Of a cash and carry?
Actually a “Carry” in our block 4 is the better deal.
Course if you have huge amounts of shares, then even a $500 million buy out by itself is huge for those shareholders.
For example yours would be
Close t $50 million on my example. I doubt
That SEO would want strictly a buyout.
His take on a 500 mil. Buyout would only be $250. Mil.
Shorts have TOTALLY lost their way. They’re actually embarrassing themselves.
Very sad Indeed.