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THIS IS SIGNIFICANT!!!!!!!!!!
Thanks mark, oilphant, for info,,,,,,,thankyou mark for spening the equivalent of 50 to 60 erhe shares calling the JDA....
I can hear the board now...Oilphant left the board because he couldn't affect the stock price.....same people might feel that way about markgovols, but I don't hear anyone running him into the ground....MArks direct info is solid...oily's alluded info is solid as well..
Dang it people, go back and read oilphant posts and tell me you don't see the big piture, days before it goes public....he called the investigation long before we knew...who says CVX and XOM really didn't meet with SEC...He called the rigs a week before anyone else knew....he is not straight out telling us, but alluding to facts that come to fruition.....
He ain't painting the picture, he is sketching it for those that can think
No BB they don't care....eom
Well, Oilphant writes ya''ll attack...why should he write anymore? Casting pearls to swine it would seem... thanks for the info...looking forward to SEC info and CVX info...thanks again....
Oilphant, thanks for heads up on part 4....
Oilphant...thanks for confirmation...come on people, enjoy the information that is given...Why the anger? You aren't really investing based off of oilphant's info are you..."GET REAL" yourselves and enjoy...oily aint pumpping, just informing
I think we had an attempt last week by some manipulators to try and take the sp down and at least those on this board aren't that stupid to "buy into" the old scare tactics....still WAY TOO much that we now know....What CVX found was good stuff, good enough for them to begin future planning with those in other blocks...ADDAX and CVX are "workin together" in someway in the JDZ and would not be if there were no commercially viable oil.....HEY! OIL CAME UP OUT OF THE VERY FIRST HOLE PUNCHED!!!! This is no wildcat situation...This IS FOR REAL...and none of the above can be considered pumping.... .40+ is a bargin
I think we had an attempt last week by some manipulators to try and take the sp down and at least those on this board aren't that stupid to "buy into" the old scare tactics....still WAY TOO much that we now know....What CVX found was good stuff, good enough for them to begin future planning with those in other blocks...ADDAX and CVX are "workin together" in someway in the JDZ and would not be if there were no commercially viable oil.....HEY! OIL CAME UP OUT OF THE VERY FIRST HOLE PUNCHED!!!! This is no wildcat situation...This IS FOR REAL...and none of the above can be considered pumping.... .40+ is a bargin
Why would a drilling company go through the entire process of drilling and casing an exploratory well without there being the posibility of that same hole becoming a production well?..anyone know the answer to this one?
No one on this board knew anything about the rebids until they were announced...no one on this board knew anything about the MOU's that came out...just because this board doesn't know something, that doesn't mean it is not real...Oh and last time I checked, Oilphant IS a member on this BOard
NOT BLOCK AWARDS NOT PSC's, NOT MOU's.....BUT RIGS..you are SO right about this...we are NOW talking about rig schedules and finding rigs to actually drill...AND we KNOW oil is down there from AT LEAST OBO-1 and possibly other holes....this is far better than a year ago!
These IR guys understand, that what they print could be considered forward looking statements and anything before 2008 will only make the company look good
What about these companies and their resources creating the "opportunity" for a rig?....subleasing a rig for a higher amount to fulfil JDA required first wells by the appointed time
same 6 wells....and they expect to ink a deal in the coming months for the "08 drilling..IF, they do not find a rig of opportunity...this many companies working together have the $ to create the "opportunity" for a rig
t-man, thanks ...amj is correct...very conservative response....most important line...searching for rig of opportunity...good stuff t-man
oilphant are we starting to get the picture?
Oilphant...are we starting to get a clue?
What constitutes "smoke and mirrors" by the JDA....if you wouldn't mind elaborating upon this statement for the board, it would be appreciated TIA
Oilphant, thanks for the confirmation.....dougc...don't you see oily has confirmed it, or BM actually confirmed it....folks, there IS reality to Oily's posts....He signaled the investigation before it happened...reread the posts...it's obvious he knows more than he says
this is from January following the rebid of the blocks...I can't remember the year, but this is not months old, but year and a half to two years old...not sure why it was drug up, but do have some ideas...ain't it always about the SP?
should have waited for that "crushing"...surprised you bought so "high"
If you really want to have an idea of what is going on, go back to markgovals post of mid July with update from the JDA.....STUFF IS STILL GOING ON....you can't set the timer on this oven, you just got to keep looking in on it and soon it is done
I like OIlphant posts because it reminds me that stuff I can't see is always going on. No one is sitting still doing nothing and no one involved in the JDZ can afford to sit back and do nothing....If there is a rig out there...people are trying to secure it...If there is something to the DOJ investigation, then people with bigger $ than me are making plans...if there is nothing to it, then people with bigger $ are making plans in that direction...I will always take one back to the "bomb shell" MOu's that hit when no one knew anything about them...they may not have panned out as JOA's, but they secured involvement in blocks...3 times I have had opportunity to sell out at .94+...but that is not what I want out of this investment...Oilphant,thanks for the posts...keep reminding me that I really don't have a clue as to what is going on..and that's OK.....
NO worries....remember the words to the song...."TIME, time, time...is om my side, yes it is!"
as in the 1970's...."Right On!"
70367
Those truely interested are those hoping it will go mid .30 range.....
70142 70143 and concur with 70138
Yeah, I really "feel" bad for those eagerly awaiting that .36 and .33 today....what a shame we did not get "crushed" below .26 before the run up
Doug c - I remember the days when no one had a clue as to what was going on and all of the MOA's started popping up...we seem to be in that same pattern.....no one really knows anything, WAY TOO much speculation going on....the only difference is the DOJ investigation....but you can't tell me people aren't talking, straegizing.....(let me speculate)to me the most logical thing to occur is a buy-out by chrome...this would protect ERHE from DOJ if there were any problems...I think that all of this will hindge on the investigation............it would be nice to see some sort of PR by our new PR firm....anyone can make up non-news and right now NON-news is better than no news...something to the effect of.."ERHE continues to _______ fil in the blank.
Remember the surprises of MOA's and JOA's from a couple of years ago?....'bout time for more of that action...nice surprises....
Always "fun" to hear board members getting "excited" about a run-down in the price...what makes them any different than the pumper/dumper when they are really slammer/suckers...just making money the other way...Moderators...if you are going to "control" one group then conrol both groups
Belford Dalphin has water depth of ONLY 10,000 feet.....isn't 12,000 needed in the JDZ blocks?
thanks
Thanks...I will study it....
Thanks for the info....eom
Besides Transocean's fleet, My research cannot find anyone domestically that has a true deep water drilling fleet...does anyone know of another company with true deep water rigs...and if not...the Total connection may really need to be looked at...also what kinds of fines would CVX have to pay for using the rig past the contract time table?