Personally, I think that we will grow tired of supporting the international world. Xenophobes are us. Get us out of the UN and get the UN out of here. It is strictly a club for anti American sentiment, as corrupt as the govts it gives membership to. When it started, it seemed like a good idea at the time.

As I have said before the best thing we could do for our own seurity is to develop an energy policy that does not leave us dependent on the likes of Venezuela and Saudi Arabia. The cost of alternative energy is not exhorbitant when you factor in the security costs involved in petro.

ERHE by inn by out by of by to by the sea, by the sea.

Charlie Edwards, MD used to say " well, he makes the big decisions in the household, like foreign policy and immigration, but she decides the little things, like how to spend the money."

I do not care what you think of US foreign policy. If you want to comment, comment on your own country, where maybe you have some say. Here you have no standing.

This country is a noble one, not a greedy, arrogant one like you paint us. It is also a very conservative quiet country unlike what is shown in the media. Freedom is allowed and the abuse of freedom is tolerated as are whacko ideas such as yours. ( I do not agree with the US having a presence there)

This is a little like being opposed to typhooons isn't it?

a fortnight? today? how soon is imminent? (at least you didn't say eminent, like so many before you)

GLTAL

and let's hop we hear something before we get to the .20s

y know, with all of this talk of a buy in, it just seems to me that IF EHRE was going to sell, it would be to someone who they already have good relations existing. Not CVXOM where the acrimony is clear and seems to be mutual. Maybe one of the current partners though, and to me, it seems the Chinese the most likely, because of 1. Need and 2. Cash position.

this is a common sense approach, and so is probably really screwed up.

Tchauncey (!) posts on the sulja board too!!!

My advice: don't believe a word of it...
http://www.investorshub.com/boards/read_msg.asp?message_id=13404555

SNP buys out EHRE at .37 shares of SNP per share of EHRE?? Not even in my wildest dreams. Ain't happenin.

Pass the crow I'm ready.

Trout

that may not be news you are smelling,...

can it be true that only oily knows what happened at this weekends meetings? Surely we will hear an official statement from the JDZ or one of the participants?

Not just an oily-gram.

another fortnight...that would be funny if it wasn't so exhausting.

can it be true that only oily knows what happened at this weekends meetings? Surely we will hear an official statement from the JDZ or one of the participants?

Not just an oily-gram.

another fortnight...that would be funny if it wasn't so exhausting.

2 day JDA meetings concluded, nothing happened.

In reading the board this morning it appears that the JDA has had 2 days of meetings and no one has said ANYTHING publicly? Nothing? Unbelievalble, pitiful.

Not sure what that says balance, but if it means we get 6.00/share I'm for it...

and if they don't like the offer we take .40/share

i think we have rights to much more oil than that brez, but I'd take 6.00 right now or even next week. Next year we could have a different story on our hands, but remember, logically, could=couldn't.

They are having the JDA meetings this weekend. You would think there would be some news come out of it.

[not always so]

have a great weekend.

Didn't his happen yesterday, or the day before? Anadarko said it was mainly to pay down debt.a

although I hate to agree with anyone on the board, I do think that SEO has shown no ability to hire people and let them do thier jobs, and so building a world class company is going to be extremely difficult for him. This is just not his thing, although he is brlliant in other ways.

Show me the money-I agree, that is I think it's not too bad.

all I meant was that if I had any non-public info and I was hinting at it on a message board, I would not be doing it from an IP at my house.

Maybe a friend at the internet cafe could do the talking for me.

myopia and hyperopia seem to be the stock in trade of most of the posters here. What is your point?

Cheers ya frootloop

If we are not going to have a CFO for a while, I hope we at least have a guy with an HP-12C trying to figure what is a fair price, given the different scenarios possible.

Money today is worth more than money tomorrow.

Since we are speculating, ahem, I don't think Oily is direct posting, rather has it relayed a time or two.

It will have to be solid information. they don't call them hedge funds for nothing. How they gonna hedge this bet? Only solid intel will protect them from the risk inherent in a stock like this one.

Yeah, I'm long, I just have some idea of what we're invested in here...just like crazy, I aint drunk with expectation, I am hopeful and optimistic like a lot of us here, but do not believe I am omniscient.

Best,

BIG Funds do not buy penny stocks. It is not a rule, just more of a guideline...too much risk.

Well, when it comes to oil I think you can accept anything someone from Saudi Arabia says as absolutely true, especially since they have no bias.

I don't know what this has to do with trains either though.

CHeers ya frootloops.

he must've meant nonscienct ( as in not prescient)

CHEERS ya frootloops

http://frootloops.com

with you on that NY, never forget what happened either.

Trout

Rail Fan, thanks for dose of reality. The "conservative" estimates from the seismic data was 3-14 Billion for all the blocks in the JDZ. This is still a lot of oil.

Is OBO-3 the one that CVX now says that they are going to drill?

I have an opinion>

I think it will firm up the price at this level for the short term, but as killer sez, long term it doesn't mean anything unless CVXON comes out and says the straddle exists and the big part of the oil belongs to us -ERHE- (this is not likely).

Top 3 things I'd like to hear from new CEO-

When do we drill.
Is there a buy in on the table?
Any new seismic info in blk 2-3-4

Things to file 86--

new ceo search
how we are getting along with current partners
new CFO search
vague talk of looking for other opportunities.
The ongoing investigation, which looks like it will end when the elections in the US in 08 happen (maybe).

Trout

Oilphant seems bullish and yet the sp does not move. Rigs coming deals coming, news coming. When does it get here?

TFA

don't look now, but I think those figures roughly coincide with what MAESTRO said a few months ago!!

we're in the money
we're in the money
we're in the money, honey
that ain't no lie.

If you could share the info, that might be better. Predictions are what they are. Infomation is of value. If you can't, well, why post? I could post that I just heard something that made me hopeful. That could be a wide range of things.

I do not mean to be confrontational. I enjoy your posts.

Trout

and I contend that the proven reserves are currently 0. Yes we have potential, but proven reserves are what counts and are established by drilling and that has not yet been done.

GL

Very funny, but I'll bet she could, given the right set of circumstances. I'm not saying this will come to pass, just something to watch. Last quarter they had 47 million, this quarter, 41.

Maybe all these expenses are reasonable. Maybe they are excessive. But at this rate, 40 mil is gone in two yrs.

Trout

How about this? How long before this company uses up the cash it got from the agreeements with partners?

I think about 2 years. So, we better get going by then or we are going to have to sell assets to fund this endeavor.

thoughts appreciated,

The only thing I know for a fact is that the past of the sp has been pretty disappointing to me. My opinion is that things will start to move when news of drilling, yea even exploratory drilling, starts.

When this might happen is anyone's guess. My own guess is 2nd quarter 07. (exploratory drilling).

Until then, I do not think we will be movin' much of anywhere, as our largest shareholder can afford to wait and has little concern for the rest of us, uh, you. Well must admit I am not worried about SEO either, so that cuts both ways.

Other guesses besides oilphant welcome. With no news, speculation is what we have, sorry.


Trout

you 1. weren't even around 3 months ago and 2. you don't own any stock so you got a lot of stones telling people what to post.

BOL

like to believe it, but your track record parallels Oily's, I don't think you can apply TA accurately to this stock, which trades extremely thinly when compared to shares outstanding.

Trout

I think your facts are essentially correct ;)