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Tapco...feltang from my understanding was a finders fee. Without which, ERHE would have probably lost its preferential rights, because ERHE would not have had the technical partners available, to qualify its ability to develope their blocks.
So what was feltang worth?
I agree, lets vote against the present....
management, it won't make much difference, but at least they will know how we feel.
I don't need to see anybody's posts....
because I personally investigated, the going rates of "Free Carries" at the time, and I could not find any deal that beat the deals that SEO negotiated.
Not one!...and I looked hard!
Krom...well before you got here , the board....
investigated what free carries, were costing, and what the arrangments were at the time.
I can tell you that SEO made some very beautiful deals, concerning the JDZ, and our blocks.
Many of the old timers will vouch for this, and can tell you that the deals were top notch.
Industry Standards, were actually exceeded, and SEO did an incredible job.
Don't ask me, ask the board, they will tell you the same thing!...you were not around, so its not your fault that you don't know....but remember YOU DON'T KNOW!
baz...no problem, sorry I sounded so krass...em
ERHE is not in Pinky land, far from it...
The Pink Sheets are the wild west, non reporting,a complete crap shoot....ERHE is a fully reporting company, that is governed by the rules of the SEC....ERHE is completely up to date in its reporting requirement.
Krom...the deal ERHE got....
according to Industry Standards, at the time, was excellent!...this was debated at the time, and the conclusion was that ERHE did very well for itself.
It doesn't matter what you think or I think...."Industry Standards" set the benchmark!
ERHE will never have the resources, to foot its share of the bill, in deepwater exploration. It doesn't matter how frugal it is with its money. So ERHE will always go to the table, with hat in hand. Deepwater players are in a league of their own.
LEVEL II LINK....DELAYED BUT REAL....
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=erhe
WHOO HOOO......Homeport!.....
mz157...good stuff, and much appreciated....
I see no big conspiracy going on, and Dan is telling the truth,imo....nobody is hiding anything!
ERHE is not keeping secrets,...we just have to wait for SNP to let the cat out of the bag.
thankyou!
self deleted
Reply from Amertrade, about Level II.....
MY EMAIL TO THEM.........
Why are certain MM's now absent from my LEVEL 2 screens on Ameritrade Apex? I no longer see NITE and ETMM (Knight Securities and E-Trade.) If I go to delayed Level 2 they show up at various websites, however these quotes are 10 minutes behind real time.
This is really hampering my ability to trade stocks, I now seldom trade at all because, I feel like I'm trying to trade in the dark.
I know 100's of other traders that feel the same way....this lack of accurate Level II quotes is hurting me, but it will cost Ameritrade $$$ millions of dollars, in lost trades.
Can this please be fixed?
*************************************
Dear Mr.XXXXXXXXX
Thank you for contacting TD AMERITRADE. We have seen a recent issue with these specific market makers not showing up on our Level II data with our vendor. Our developers are aware of the issue and they are working with our third party vendor to see what can be done to correct this going forward as quickly as possible.
Please be aware that there is a link for a quote disclaimer at the bottom of our site that states that quote information, either real-time or firm, for OTC Bulletin Board, Pink Sheet and penny stock securities may not be available as these securities trade on a manual basis in markets which may not be electronically linked. TD AMERITRADE does not guarantee the accuracy of the information and data provided although it is deemed to be reliable.
If you have any other questions, we recommend calling TD AMERITRADE to speak with a Technology Support associate. Technology Support is available from 7 a.m. to 8 p.m. Eastern Time, Monday through Friday at 1-800-669-3900, excluding market holidays.
Sincerely,
MR.XXXXXXXXXXXX
Apex Technology Support, TD AMERITRADE
Division of TD AMERITRADE, Inc.
Yep..and as stated in the agreements the Operator...
releases the News...and results on the drilling. So we wait, and gravity takes its toll.
Nothing new, just same old same old!
The news on Blair is significant, imo....also everybody seems to be shoving money at STP....but gravity his persistent.
jmho
I agree....em
I must have missed the memo, is this where we.....
all cry and moan, to drive the price down, so we can do the "rinse and repeat"...again!
Please include me on the mailing list...thanks
Bingo...Blair ain't coming to look like a fool...em
AKPO is not just close to the JDZ....
It actually encroaches into the zone, in Block 1....this is a documented fact, part of the same Block that AKPO reside in, pierces the edge of Block 1.
midtier..how does someone, answer another persons email?
or did you send it to more than one person. Nobody has ever been able to answer my emails for me!....Did Jeff Shouls give his password to someone else?....and why would he do that?
Or was your email, forwarded to this other person?
Just trying to make sense of things....so don't get your panties in a wad....tia
badog...XOM had two 25% preferential right....
it could have placed in any of the JDZ blocks, and refused to do so, and refused to do so until their options ran out. This was years before any drilling took place in any of the blocks.
XOM was never a happy camper, in the JDZ...many feel they didn't get along with SEO, or ERHE in general, or ERHE's supposed connections within the Obasanjo government.
I guess we will never know their thinking, but I don't place much weight of analysis, of their departure...except possible they were a poor fit for the area.
XOM was shunned for Operatorship of block 1, by CVX.. and basically treated like a red headed step child, during their stint in the zone.
Good Riddance, imo!
I still stand by my earlier post...
The best thing about Total, taking control of Block 1....
is we will now, finally have the Mastermind of AKPO, running and developing the JDZ!...You really can't put a price tag on that.
Total must feel that they posses the experience, and game plan in tack...to bring the JDZ into commercial production.
The learning curve may be too high, and risky, to let anyone else bring this area on line....especially if an XOM or CVX, would have to start at square one!
TOTAL = LOCATION,CLOSEOLOGY....and BEEN THERE DONE THAT!
AKPO was no cake walk!...we would be very lucky to have them in the JDZ!...PERIOD!
The best thing about Total, taking control of Block 1....
is we will now, finally have the Mastermind of AKPO, running and developing the JDZ!...You really can't put a price tag on that.
Total must feel that they posses the experience, and game plan in tack...to bring the JDZ into commercial production.
The learning curve may be too high, and risky, to let anyone else bring this area on line....especially if an XOM or CVX, would have to start at square one!
So badog why would Total be interested in buying Block 1?....
Do they just feel sorry for Chevron?...and want to help them out?
email, sent to Ameritrade..do the same....
Why are certain MM's now absent from my LEVEL 2 screens on Ameritrade Apex? I no longer see NITE and ETMM (Knight Securities and E-Trade.) If I go to delayed Level 2 they show up at various websites, however these quotes are 10 minutes behind real time.
This is really hampering my ability to trade stocks, I now seldom trade at all because, I feel like I'm trying to trade in the dark.
I know 100's of other traders that feel the same way....this lack of accurate Level II quotes is hurting me, but it will cost Ameritrade $$$ millions of dollars, in lost trades.
Can this please be fixed?
Krom LII is wrong, see the sticky note above....
NITE and ETRD.... maybe more MM's are not being shown on Ameritrade,etc... and several popular LII's
highcotton...I agree, and....
the MACD is the best indicator of predictive, future movement, and the MACD, also allows you to see it setting up, and gives you a decent amount of time to be able to hedge a good bet that it will cross or turn up and break the divergence line.
What it be?
colowyo...yep still here....
busy with retirement, re-location stuff....but tracking the board.
How do you transport frozen methane?...or mine it?...sounds like a logistical nightmare to me.
Thanks..is ERHE has proven, tryoty?...tia
I'm on vacation, anybody got a brief....
concise post on what has happened in the past week?
I see we got Mr. Blair on the BOD, this sounds great, why are we down.
A short sweet post on recent facts would be greatly appreciated.
badog...you didn't give us a break....
you spent the day scrambling to get back in,...lol,lol
Oh lord.. that is what brought NWTF to our Forum....
I'm leaving that one alone....
If Total buys out CVX, they also buy....
the Work Commitment, according to the PSC!....so in any event there will be 100's of millions of $$$, in future commitment and costs for Total. No matter how you slice it,....its an expensive decision on Total's part, so if they proceed, they must be confident.
puff...there are NO marginal deepwater fields...en
JDZ is COMMERCIAL....
no other Conclusion can be implied by these events!....Block 1, alone was not quite enough to verify this...but JDZ drilling, and what was found, has deemed the region Commercial.
I don't think any other conclusion, can be successfully argued other wise!
Midtieroil...we got the Know How, now!......em
With TOTAL in the mix, and the delivery apparatus....
in place, the mining of the JDZ, just became economical and shortened the time to market by 50%, imo!
Plus TOTAL has unlocked the secret of AKPO mining, this is a HUGE development.Nobody knows how to develop this region like TOTAL.
CHINA takes us out next....jmvhooc!
brez63....
it comes from watching level II, for 10 years,...and seeing the flow of orders, and watching the MM's inventory get absorbed quickly!....nothing you can put your finger on, but it's there.
For instance, right now the MM's are scrambled, and have created a huge spread to slow trading!
MM's are shorting like crazy right now....em
Ye of little faith.....
sideeki.....
I've got the defibrillator ready.....
What is still a mystery to me is the steady volume, we witnessed especially from MM ABLE.....and I don't dismiss Mark's DD, as a scam. He has always presented himself as an honest and decent person, and I'm going to give him the benefit of the doubt.
Mark can't control a bunch of traders, who use his posts to daytrade on, it just can't be blamed on him, or be considered "his fault"
When a stock goes vertical....it will always retreat!...its not Mark's fault, its called gravity, and profit taking.
Just because ERHE is talking about future plans, and expansion, does not mean a buyout is not in the cards. Did everybody expect PN at the NOG...to stand up and say "We have no future plans, because the Chinese are going to buy us"
jmvhooc