why would Total want our blocks if they are only filled with Farts! They know they have oil in Blk 1. Just tie it into Akpo and continue on. If for some stroke of luck SNP hits some oil somewhere in our blocks then maybe they would want to take a look at it. Right now we do not look interesting if the reports are accurate about our blocks. Are we being told the truth? Why is SNP holding on to Fart banks? We still need to look beyond our watering eyes and assault to our senses to find out what is really going on.

Well stated. It never ceases to amaze me the audacity of some people towards others. Cancer is a hideous disease that nobody should ever have to suffer thru. It is very courageous of BB to continue to fight his affliction and hopefully all our prayers will be answered and he will come out victorious.

Last I heard he was still hanging with the sirens somewhere in the GOG! They are feeding him crow at every meal and he is dreaming about crazy things like giant elephants stampeding toward him.

You are probably right but my thinking was if we had a buyer that wanted the blocks then maybe the arbitration would stop and be resolved so that the new owner could take over. I think that would be a win-win for the JDA and ERHE.

One way of getting money is to sell block 5,6 and 9. Sure is puzzling why the arbitration on 5 and 6 is still not resolved. This could be the reason.

"December should also be an interesting month with regard to Total." It is also notorious for being the tax loss sell off month. Just saying. But then again I don't know if anyone would want to take this kind of a loss at a dime a share.

Agreed! Then Cowboys get Super Bowl and Stars get Stanley cup and we make a clean sweep of sports!

They are savoring the flavor of ERHE's long and rich history! They will not back away from the banquet table until forced to do so.

Gandaur sold out because he had already said he wanted to retire and SNP met his price. It did not matter that Kina was a supposed Kingmaker as he was already going to be a billionaire and was satisfied with the price he got. The pathfinder drilled where Addax told them to drill. That is true. But don't you think someone would have questioned the drill site if they thought it was the wrong place to drill? Don't they get bonus if they hit oil? You don't get to be a top crew on a top level boat like the pathfinder without having a clue where to drill. Don't you think Addax would have taken into account the fault structures and upthrusts etc in order to have the best chance for success? If they studied the AKPO site and the info from OBO and they have all this wonderful 3D and 4D programs they could do better than 0 for 5?

So you are saying that when Addax chose the drilling spots (they have one of the best track records out there on drilling success)before SNP bought them that they were clueless on where to drill? Do you believe the crew on the Pathfinder (supposedly one of the best crews and best drill ships out there) would agree to helter skelter drill without having a prayer for success? All this after Addax took months of studying seismics etc and got the green light from the JDA to drill in those particular spots? And to top it off OBO comes in with at least 150 ft of net pay only a few miles away with the same sands at the same depth etc and we did not even bother to drill all 13 sands knowing that OBO had gas on the top sands and oil below them? Come on. I am not the smartest person alive but I have the ability to reason and deduce given the information and history of the area. Maybe Addax was not aware of the blue zone and just decided to drop the straw any ole place. Yea, right. After 7 years in this stock the word Gullible went out long ago. Distrust and Disgust has replaced it.

You still think Biogenic Gas was the only thing they found after reading the report on OBO1? I believe you were threatened with a lawsuit from ERHE and suddenly decided the grass was greener on the other side of the fence. Only a very few people on this board believes what we have been told by management. I would say the vast majority have grave doubt. One only has to look at the OBO report and then study the geological information on our blocks to see they are the same. You also have to take a look at what Dr. J posted on DK's conflicting reports. Take a look at PN's statement that they are studying the hydrocarbons found in expected quantities. Way to much conflicting information and innuendos from management on this company. Time to fess up Krom.

Wow, I had not seen that report before. Why can't we have something like this on our blocks? They drilled 1 well and came up with all this great stuff but we drilled 5 wells and came up with Biogenic Gas? Strange that our blocks are in the same formations and geographic structures and we could not find oil? This report proves we are being lied to. Plain and simple. They found gas in the upper sands and oil in the lower sands. But we did not drill to the lower sands. Why? What type of gas did they find in OBO upper sands? Biogenic? Would it possibly be the same type gas found in our blocks? We are only a short distance away yet they have good gas and we have bad gas? (no pun intended)due to Nicks sensitivity! LOL

cream. The Jack Daniels will put you to sleep if you put too much in! Don't think I would want to partner JD and ERHE dreams!

So far the only dreams allowed with this stock is nightmares and psychedelic hallucinations! Pass the coffee please! LOL

sorry to hear that. My sympathies to you and his family for your loss. Hopefully his investment will pay off in the future for his family.

Did you take a close look at that 38% cut? It was for one quarter only! They still spent $881,000 that quarter. If you multiply that to 4 quarters = $3.5 million dollars a year in spending. That is if they keep it to $881,000. They have $14 million left so that equates to 4 years. My bet is they will still continue to spend $4 million a year and they will be out of money in a little over 3 years. What about seismic costs,drilling etc in Chad, IMO? How are they going to pay for that?

What puzzles me is several years ago PN said the executives of the company were not allowed to purchase the stock as they have inside information. It was discussed here ad nauseum as a lot of major corporations allow their members to purchase stock. Now within the last couple months we see PN buying shares and now Odobollo (sp. Wonder what changed his stance? I think it is posturing to show support for the company. Not major buys in $ terms though.

examines ERHC's prospective resources as of December 31, 2008. The report was done pre-drilling.

They haven't drilled yet. Will be late this year or early next year. The ship they are using is having its engines worked on.

ROFLMAO!

what is the news?

"Thus far I've found more biogenic gas on this board than they probably did in the JDZ!!" ROFL. Very true. Maybe ERHE should start sending out charcoal tablets to a few people on this board.

At the current burn rate we have appx 4 years left afloat. That is if we do not have to spend anything in Chad etc. They are still spending $3.5 mil a year. Pretty substantial for only 3 people isn't it? The lawyer fees should be down to nothing by now. The investigations are moribund according to PN. So what are they spending the money like a drunken sailor on?

Never once believed they found Biogenic Gas. I believe they found condesate just like Akpo. Since Total entered the picture they are waiting for them to take them off the hook for putting infrastructure together. IMHO they are wanting to hook up the JDZ with Akpo and make it one giant field.

What puzzles me is that they could drill 5 times and still come up puzzled and surprised at what they found. They knew the geology from OBO1 and from Akpo and the sands depth etc so how do you come up with just Biogenic Gas 5 times in a row? Are they that incompetent? And the 5th hole wasn't even required! They have taken almost 2 years to analyze those 5 holes. They must have some pretty poor log readers,geologists, chemists etc. Sinopec is supposedly the 7th largest oil company in the world and they can only find Biogenic Gas in an oil rich region. Sure is a puzzle to me.

Why that's nothing. You should see how much natural Biogenic Gas we have in the JDZ! There is so much there it has left all the companies speechless! There is so much Biogenic Gas in our blocks that Texas cow lots would be mooing with envy! And to top it all off it was found in only a few sands on just a few prospects out of 27 prospects while we were looking for oil.

why was my post deleted this morning? I did not attack anyone.

Gagging would be a better description.

alright now we're talking! PN bought shares at .1264 cents and now has 694,000 shares! At least he has skins in the game at his own expense. That is a good sign.

I made a trip there for 12 days years ago. Watch out for bears. Especially when fishing. They will come out of the brush when you least expect. Also, do not wade into the water. Stay on the dry part. I found out the mud is glue the hard way. Take a day trip to Portage Glacier. Very cool. Hire a fishing guide. Well worth it. Stock up on mosquito repellent! Have fun.

What? I know nothing about technical trading mumbojumbo. Could care less about charts.

How do you know it is not fact? Look up Chad and infrastructure. I wouldn't have said something like that without seeing it in writing first. How else would I know? By the way you look it up. I am not going to find it for you.

I knew there was a pipeline project but did not know when it would be completed. Getting the equipment on site would be a problem. Not saying it can't get done but it is more difficult than we probably think.

The problem in Chad is the infrastructure. There is none. The roads suck and if they did hit oil it would be difficult to transport it.

They already know what zone the oil is in from OBO-1. Remember it hit at least 150 ft of net pay. I think I remember either PN or DK saying something to the effect before drilling started that they were not necessarily looking to find oil they were looking to understand the Geography of the zone.

We still do no know what 50% we have. Just know we are not in on the well that we were hoping for.

What I can't figure out is why they don't try to do something close to home like the Baakan Field. I have a friend that has 6 wells and is making $30.000 a day.

"We would need for SNP or an operator to corroborate the story, and how often do the big boys PR every activity that they engage in around the world?"

Krom, we already have the operator Sinopecs word for it in Blk 2. They said it was commercial. ERHE is the one that disputed the operator. Go figure that one.

SSC from one of your other boards:

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Share Tuesday, August 02, 2011 12:10:51
Re: nupapa post# 1147 Post # of 1159
blah, blah, blah. When will they have some real meat to announce?

Umbra, do you like my new signature?
Kobi, is it not the PR person's responsibility to answer shareholders questions and concerns? The peppering he is getting now is due to the different stories he has told. Asking for clarification on what they are saying in their PR's should not turn into a pissing match. You would think this company was owned by the CIA. All they had to say is we drilled 5 holes. We encountered 2 of 13 sands with Biogenic Gas only. The other 11 sands did not contain anything. Or if they did find hydrocarbons (as they did state) then they could say they found signs of Thermogenic Gas or oil and we are determining if it is sufficient to produce in commercial quantities. But they chose to use smoke and mirrors so that we still do not know for sure what is the real story. As you can see from DrJ's compilation of emails (good job in keeping them DrJ) there has been enough evidence that there is a concerted effort to keep us in the dark on our investment.