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Actually maestro, their 1% success rate...
...blows your success rate out of the water. You never offer any info on you own and only throw stones at everyone else that does.
You proclaim anyone offering anything you don't agree with is wrong, and expect people to believe that you who offers nothing except condemnation is right.
That's not a stable thought process.
Walldog, get BACK on the meds you were on last week or get OFF the bottle you picked up this week.
You have COMPLETELY lost it.
Bin Laden is more pro-American than you are. It's pathetic and embarrassing to read your posts anymore. Paranoid jibberish, nothing more.
The old walldog was worth reading at times... this walldog should take a serious break. A long one.
Thanks paapin, that'S a LOT of prospects in #2!!!
Well said LBM. bobwill9 earned ignore tonight with me. The insensitivity when anonymous shows volumes about certain posters character. Sometimes it takes a while, but true colors always show through.
What's the matter umbra? Art asks you a few reasonable questions and you want to "engage" him, but I blast you in the teeth plainly calling you a fraud and you don't want to play with me?
Too funny. I hope you get your price, because I'm buying too!
LMAO@Crappie! eom
umbra is a trader playing games, nothing more.
When the share price was knocking on dollars door he was posting "wealthy by Easter" while he unloaded. Now, with board sentiment in the toilet he posts "short and strong" while he reloads.
umbra is irrelevant to ERHE for everyone except his companion manipulators.
Well, I took a beating today, but it did result in meaningful information being diseminated. I'll call that a success.
I-HUB is awesome. Manic-depressive sometimes, but still awesome.
LFG, thanks, that's significant. eom
Umbra, I am not a "them", I want success with ERHE as much as anyone. But I am growing weary of the disrespect towards shareholders that Brandhuber seems content with.
Yes, Offor owns 300M+ shares and Mr. B answers to him, but the other 300M+ shares are held by people growing tired of getting jerked around.
When you're a tiny minnow trying to grow silence is a death sentence. I *am* pro ERHE, but this silence will damage the shareprice for a long time. Somebody needs to step up to the plate.
Walldog, my apologies...
Sometimes I type too fast and the "d" is next to the "f", so you came out as Wallfog rather than Walldog.
Absolutely nothing meant by that whatsoever... it was a typo.
Wallfog, "Its Afren's little map, that they made themselves, as a tool to attract new investors"
What do you think the result would be if those new investors found out Afren purposely created a map showing inaccurate prospects, are you really serious to suggest that?!
Brez, I suppose anything is possible, but I can't imagine a scenario where Afren would publish less than their best effort to attract investors. That Afren powerpoint presentation was basically Afren road show material. I think it's pretty accurate.
Oil in block 2, gas in block 1...
This is the post that removed any credibility from oilphants posts. For gods sake look at the Afren maps of the prospects. There is no structure in block 2 near block 1's border other than a very small overlap (10-15%) from 1 into 2. The talk of block 1 hitting the gas cap and block 2 having the oil is ludicrous.
I will buy into a theory that XOM or CVX or both offer up 10% of block 1 for a 5% participation in each of 2, 3 and 4. If they really did find "the biggest thing we've ever seen" then they know the quality of the seismic and the likelihood of oil in our blocks. THAT makes a lot of sense to me and is d@mned exciting.
"So sorry if this comes off as arrogant"
You're d@mn right it did! I understand where you're coming from but when a search warrant is served against a public company and that company refuses to answer anything for weeks after it doesn't look so good.
I know the lawyers have said "zip it" and we will hear nothing. When will he talk? At 30 cents? 20? Part of his job as CEO is to see that the value of the share is as close as possible to the intrinsic value of the company assets. To date that has not happened. The supposed road show will help, and any mention on CNBC, if that happens will also help.
The only point in your post that I vehemently disagree with is your thinking I want "special status" as a shareholder. I want him to update the website or release a PR to ALL shareholders. The pathetic "coming soon" on the website has been an embarrassment for months. You cannot possible support Brandhubers silence given the search warrant and subsequent disappearance of TWO THIRDS of EHRE's market cap. I've seen successful class actions by shareholders that suffered a far smaller drop. I know he's one man, but communication needs to be put on the front burner before he ends up with more legal issues to deal with. By not calming the waters he may well be digging a deeper legal hole he has to fight out of, then we wait longer... years longer.
Electick, Brandhuber makes $200K a year...
I agree he has done a great job with what he has accomplished. But I also think that when shareholders of a company consisting of only 3 people approve 200 grand a year for the CEO they at the very least deserve better communication than the apathetic efforts we have seen to date.
The only shareholder that has a clue is Offer. If that sits well with us little guys then it will never change. I've sent 4-5 emails to Brandhuber over the last 3 weeks seeking clarification of various things and have gotten nothing back on any of them. That's unprofessional for anyone, let alone someone pulling the coin he is.
Mark says big things are in the works. I believe that.
Offer knows it.
How do I conclude that? Volume. If there were anything to put ERHE in jepordy, Offer would sell. We would see 10M+ daily volume for months for him to unwind.
My bet is arms length members of the Offer clan are buying this pullback. When the chit finally hits the fan the effective float not in long (holding until $10+) hands will be under 50M shares.
Sounds good to me!
Thanks Mark, looking forward to that confirmation.
"big things" could mean different things to different people. A rig moving into block 2 might be considered big to some... yet even a multi-dollar buy-in may NOT be considered big by others.
And soon could mean this week to some, and this year to others.
Actually what you posted was tougher to decipher than an oilphant riddle! LOL!
How long to you anticipate confirmation to take; later today? this week? longer?
The share price sure doesn't indicate anything is in the works, but then leaks are kinda impossible when you have only 3 employees and one sits in Texas and is told nothing while the other two are jet-setting around the planet!
Short Interest Reporting in Pink Sheets Stocks Begins July 3rd
April 7, 2006 -- Changes to NASD short interest reporting rules will be effective July 3, 2006. These changes will expand the short interest reporting requirements to over-the-counter (OTC) equity securities, including those quoted on Pink Sheets. For additional information, see NASD Notice to Members 06-14 – April 2006.
It someone is naked shorting ERHE to hold it down we'll know soon enough.
Maestro, you may be right...
But oily may be too. There's only ONE thing for certain, one of you is going to look like a complete @ss when it's all said and done.
Neither oily nor you have a clue, but you both post like you're above all others, it's like a heavenly p|ssin contest.
Hundreds of millions of dollars has been spent in the JDZ just for the right to drill, if you really think this isn't huge I don't know why you're here.
LFG, relax, my only point is that...
you don't b|tch about something given to you for free.
Peace. No more board clutter.
LFG, I *really* don't get this...
"If this is how you run your business then I'm sorry to say that you are running off lots of customers"
"Customers" pay. Nobody that pays would be offended by the ads because we don't see them.
LowFloatGoat/homeport, you ARE kidding, right?
You're going to boycot a site that let's you post for FREE? These guys gotta make money some how!
You don't pay a membership and then gripe that they push some ads on you, ads from companies that PAID them.
Why does everyone think the web is free?
Sorry, I'm in this business and your view on this is pathetic.
10..1 who were you before?
This alias you're using has existed 6 days. Who were you when you were posting *your* phone call results?
Just curious.
She dips in the 30's and posts around here get as colorful as a flower garden! 90% of you are in waaaay lower than I am and I'm not the least bit concerned. Frustrated? Hell yes, but not concerned. The search warrant will end up a non-event and oilphant latest proclamation that there is an attempt to strip ERHE of its awards is just pure dung.
Buy'em while their cheap and reap the rewards.
hotfries, read Raging Bull. I'm sure you'll find just as much factual information there as on Joe's blog.
David,
ERHE used a portion of its rights as currency to negotiate full carries. Any scenario where ERHE loses its rights also strips the rights from Sinopec, Anadarko, and Addax.
That's just not gonna happen. IMO, the absolute worst case is CVX/XOM really tries this and the whole mess ends up in court for a decade.
Every time ERHE has been beaten down it has come back with a better deal than it had. CVX/XOM really may be chewing off their own foot here.
I'm sure Offer is in the ear of Obasanjo about cutting CVX/XOM out of the picture. They're just causing too much trouble.
"if the company moves overseas do USA stockholders keep their shares"
Absolutey. They may be a little harder to trade, but your investment will survive.
"someone just posted that they received a notice from the SEC"
Was it credible enough to provide a link to you? Nope.
Could you build credibility by providing a link? Nope.
To nullify ERHE's rights is to renegotiate the entire JDZ. Neither country nor any companies involved want that. This topic is pure manipulation.
Head of the rig: "This is the biggest thing we've ever seen."
Keep your eye on the prize. We need holes in the sea floor and then all this garbage stops.
maestro, I'm not discounting oily entirely.
Nothing he has said has been proven false yet. His 800' net pay is on shaky ground, but not disproven. He may well be employed by CVX/XOM. It seems he used tidbits from the OBO-1 drilling to gain confidence. It also seems Brandhuber has been asked "deal or no deal" and replied with "no deal". So now the arm-twisting begins, and oily is the boogie man this time instead of Meridian.
Offer knows what he has. Given that it took FOURTEEN ARMED AGENTS IN BODY ARMOR to invade an office that was likely manned only by Jane gives me a pretty good clue what we have, it's huge. The method of execution of that search warrant was so friggen far over the top it was OBVIOUS intimidation.
Offer won't crumble. And given the tone of Brandhubers recent albiet rare communication I'd say he's in it for the long run as well.
As they say in the land down under, "No worries, mate."
Now that I've digested this theory I've concluded that oilphant is posting absolute B.S. this time.
Nullifying ERHE's award would unravel the entire JDA/JDZ.
EHRE "sold" part of its awards to Sinopec, Anadarko, and Addax for full carries to first oil. If ERHE's awards were nullified then each of these three would have to give back the percentages they received from ERHE, since the company can't sell what it doesn't own. ERHE would have to return the $45M it receieved and Nigeria and Sao Tome would have to give back their signing bonuses. Anyone think Sao Tome is gonna hand $145M back???
If CVX/XOM tries to stir that much cr@p up the JDA would cut them out of the JDZ completely. It makes no logical sense.
So oily, what good news tidbit have you gotten ahold of to cause you to desparately try to create a buying opp? It must be really good news for you to try this!
To negate ERHE's rights would mean to renegotiate the entire JDZ.
No one, not Nigeria, Sao Tome, or any of the companies involve except the big crybabies wants that.
It's just not going to happen.
Sinopec, Anadarko, and Addax have access to the JDZ because of ERHE. I assume they are grateful for that. How do each of these three feel about CVX/XOM attacking that which brought them to the party?
The JDA is under significant influence of SEO. They will not void any of ERHE's rights. And CVX/XOM can whine to the SEC all they want. ERHE hasn't broken any SEC rules and the SEC is powerless in the GoG.
There are thousands of shareholders that own ERHE, a class action against XOM/CVX would not go unnoticed.
Conclusion: Like every other hurdle, this one will be cleared.
dest_golf, Big Oil campaign contributions.
This is like reading the anti-Walldog!! LOL!
Claude, I somewhat disagree...
to "move on" now would look like they are running away... it would make them look guilty.
I firmly believe this is big oil's last ditch effort to destroy what Sir Emeka Offer has built. I'm betting Offer won't lay down in this fight.
The way XOM/CVX treat the little guy I wouldn't be surprised to see XOM/CVX facilities targeted in the future. XOM/CVX walk on the little guy like he were nothing more than dirt.
Big oil may swing a big stick, but in Nigeria they'll have their @ss handed to them on a platter if they don't play fair.
"total oil depletion or irreversible global warming?"
Well, in 125 years we've yanked out of the ground and burned 50% of all known oil. In that time we've raised the planets temperature 2°F. With the dramatic increase in emmissions technologies over the last 20 years I'd venture to guess that burning the remaining 50% won't raise temperatures another 2°F.
Global warming due to oil is not an issue.
Total depletion of oil will win this race. Actually, depletion will never happen. There will be those things where oil, and only oil, is required. Cost issues will put oil on the back burner as a means for transportation, but where it is needed and cost effective it will always be used.
1000 years from now somebody will still be pumping oil somewhere... it may be $1500 a barrel, but it'll still be around.
Maestro, the only theory here that matters to you is your own. No matter what anyone says, positive or negative, you attack it and belittle the poster.
The ONLY question is whether your efforts are for the benefit of XOM or CVX. Your boogieman childish attacks won't change the fact that there is oil in the JDZ, incredible amounts of oil. Your arrogant game can't change that.
It's WAY beyond obvious at this point.
Sharing insider info isn't illegal... ACTING on it is.
The M's, O's, and U's can share whatever they want... LEGALLY. It is the investors that ACT on that inside knowledge that would be "at risk".
The M's, O's, and U's merely risk their info sources, maybe jobs?