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Meridean--do you have an interest in a hedge fund that may be taking a position in ERHC? Thanks
Meridean--do you have an interest in a hedge fund that may be taking a position in ERHC? Thanks
Instructmba-Sorry no link except the jda site. But after almost 5 yrs of being here, I do know that cvx/xom/eer were granted blk 1 in Round 1, and round 2 is where erhc was awarded its %'s. Thanks for challenging Meridean(s) assertions. He absolutely has an agenda here.
2nd round. eom
Cautiouslyoptimistic--You may very well be correct, but management doesn't need to prep 90% of the shareholders as majority control is in the hands of a small group of shareholders--ie, Offor w/roughly 41% I believe and a few other big shareholders. Accordingly, I do not see any need for meridean to prep us. His motivation for spending all this time lies elsewhere.
OILMAN--I agree with much of what you state; I would point out though that I assume the sareholders decide if we go to another exchange, and Offor and friends alone can make that decision based on their % of ownership.
Dbernet--cause they are. Very obvious. eom
Red-Good Post--one thing to remember though, is that although he is a M&A specialist, Mr. B was brought in before anypne could have imagined a find of this size, if the rumors are true. The initial game plan may have been for buy-ins/outs/mergers.....but that may have all changed.
Just my .02 naira
Balance: You Go Girl!! EOM
Thank you. EOM
M-not to belabor the point, and I won't ask again, but are you/have you been associated w/EEL?
Thanks
Just a general question--would the value of sweet crude be more per barrell than the stuff from the mid east? and also, wouldn't our closer proximity to refineries on the east coast of the US also factor in to value?
With that said, I agree totally w/Walldog that the pps projections are/were getting out of hand. My guess is somewhere b/w $5-10.
Meridean--can you then say whether you are now, or maybe were in the past, associated w/EEL? Wade Cherayko (can't spell his name), is also Russian. I understand he is one tough cookie.
can't confirm anything, but my understanding was before addax replaced them. Mo factual proof, just very strong scuttlebutt. Take it for what its worth, if anything.
PXD I believe. EOM
Re: Meridean--I could be wrong here of course, but I'm starting to believe that Meridean works for Equator Exploration.
INTERESTING LANGUAGE:
the defunct position and title of "Chief Financial Officer" resigned from the position immediately before its vacation by the board and was re-assigned to the Company's imminent operations in the Nigeria - Sao Tome & Principe Joint Development Zone ("JDZ")
No secret that CVX is extremely motivated to increase its reserves. IMO, this will translate into them trying to buy-out as many indies in the jdz as they can.
K--sent you an im over at PT if you get bored. eom
GARY--I agree with you. That is the best part of the entire article. EOM
Kobi
I don't know what the JOA reporting requirements are among the partners to each blk. I would be willing to make a wager though that cvx will hold the info to themeslves as long as possible. Yes, rumors are out there, but without fairly firm and verifiable estimates, I don't think other co's are going to be taking out their check books and committing to spend billions of dollars.
JMHO
ps--i'm over at PT if yr bored
Bobwill--Cvx will keep the info close to their vest until they have determined where all the oil is, both in and out of the jdz, AND, until they have concluded all their negotiations with co's they are targeting to give them greater %'s. Last thing they want is more competition from other co's.
BKS--I din't think there is any seismic yet at all on those blks--they are ultra, ultra deep. eom
KOBI--Probably shares would be pro-rated according to %'s that were awarded.
Pappin--cause he was talking about the SBL technology. eom
Horse Ovaries? Gross. EOM
Could be they're waiting for psc money, but I'm hoping maybe they were waiting for the offical 8K to be formally filed. Only time will tell.
I've been asking he same question NY. My guess is that a subsid co has/or will be created as the E&P division so to speak of ERHC. This is how its done in the business from what I understand.
BOBWILL--ERHC should be putting out a companyu PR sometime tomorrow. They didn't put anything out yet re blks 2,3,4. Hoping for specifics of the deals but noone really knows yet, except the pps didn't respond well today. We went as high as .989 at one one point, but then re-traced the last hour or so. Vol was around 7-7.5 mill I think. Rumors also floating about the cvx find--one poster says maybe released bu cvx by end of the week. Nothing negative happened to cause the pps to go down--more than likely jst profit taking.
Hope that helps
Doug C
Farrell--you have mail. eom
Cardinal--Thanks very much. EOM
Walldog--here is a link:
http://www.tagish.co.uk/tagish/Continents/cccis.htm
Walldog--pretty sure CIS is the Commenwealth of Independant States--sort of a federation for some of the former Soviet Republics (Meridean is Russian).
Not sure about the SAR reference--its financial obviously as he said it could be a form of compensation for Brandeur.
Carson--who was the poster? eom
MERIDEAN--sorry, but i have a non-alcohol related question. lol. With the conference also going on on the 14th, what time of day, abuja time, would you anticipate psc signing ceremony. Thanks!!
Ken--in case you don't know, one of the A's in AA stands for anonymous. LOL
Meridean--do you know Chodiev well? Just curious. eom
Hi Meridean
wondering if you can expand on your comments that Menmon manipulated the share price. How did he do so?
Thanks very much
Traimal--Get back to work!! Your Boss. EOM
"Looks like we made it!". EOM