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yes me too ferab
8-k
On September 5, 2017, the Company changed its Principal Address of Business from 5444 Westheimer Road, Suite 1440, Houston, Texas 77056 to 5444 Westheimer Road, Suite 1000 #181, Houston, Texas 77056.
just noticed this was already posted
well was a duster
guess it went below 50 :(
what doe the share price go to today?
so they should have the 13 3/8 casing in the hole and cemented now. any guess on how many day to drill the final section? should only be 3 days of actual drilling. im sure they have LWD in the BHA, so maybe in a week we get a good update, and that they are going to run wireline to do more evaluation.
that would mean selling shell for 6 million, and the purchaser assumes the debt obligation...or sell for 16 million and pay debt to get to 0.002....the problem is that there is nothing to sell. Not even a lease for an office.
in the SEC documents for Q1 2017 its lists the address as suite 1440...its now empty
ERHC office no longer in 5444 Westheimer.
Please see link below, suite 1440 is available for lease!
http://tanglewoodproperty.com/5444-westheimer/space-available/
i think you better re-read the report...wow
oh I did sell a long time ago. however still keeping an eye on it in case they pull a rabbit out of the hat. but it appears that hat has a big hole in the bottom of it, and there is no rabbit...if after a reverse split, and the end of the toxic debt, there are a reasonable amount of shares, and they find some money. I will be tempted to get back in..but at this point after reading the updated financials, I find it hard to believe any company will touch ERHC with a 10ft pole.
looks pretty grim...even with a reverse split.. which is almost guaranteed in the next few months. will be 30 million shares soon.
i hope that mean they are finally behind bars...
it was a joke....there is absolutely nothing that can pull erhc back to life...
a 1000:1 reverse split would almost do it
my question is; who is still buying shares?
lol, reminds me of the word thixotropic..
yesterdays PR was more about getting the rest of the CD's sold than ever partnering with SEO company. screw everyone for every last penny.
ok,
so ERHC owes $13 million, they are have an MOU to work with starcrest in Nigeria(another broke, loser, Nigeria scam company), they have no income, stock is being diluted. Go ERHE!! what a f'ng joke
ok,
so ERHC owes $13 million, they are have an MOU to work with starcrest in Nigeria(another broke, loser, Nigeria scam company), they have no income, stock is being diluted. Go ERHE!! what a f'ng joke
can you "like" a post..lol
this article may have credibility, but the deal doesn't. If the deal was with any another oil company other than offor's, it may be a credible deal. How can anyone trust a deal between these two companies/people? This has Nigerian scam written all over it!! unbelievable
LMLT : you have 60 million shares that is great. they are worth 6000$. im guessing they cost you a minimum of 10 times that....in that case, its too bad you have 60 million shares. in about 3 months, you will either have 600,000 shares, that are going to be diluted to sh*t again, or they will be worth 0$ and not trading. my guess is for option 2.
Why the F is something like this coming through Africa intelligence and not the company? Secondly, Offor is having problems, and if they are doing something with starcrest, its just a means to get more people investing in a company that is never going to do anything, its just to keep the paychecks going.
7-20 or so...
not...
midtier, this thing is going to pop, rocket to the moon, don't miss out on penny land a 10 bagger!
another example of oil/hydrocarbon shows and a dry well.
The Eagle-1 well spud on February 13, 2012 and was initially budgeted for 60 days of drilling, but experienced weather delays and mechanical issues which extended operations to 107 days. The initial cost estimate for the Eagle-1 well was $55 million; however, due to additional time for drilling and additional logging of potential reservoir sands, the drilling rig was released May 16, 2012. The final costs associated with the Eagle-1 well were approximately $89.4 million. In May 2012, the Company completed the analyses of the results of its Eagle-1 well on the Company’s 100% owned and operated Corentyne PPL, offshore Guyana. The well was declared a dry-hole after encountering hydrocarbon shows in three formations, but the potential reservoir sands proved to be water-bearing. The Company recognized these costs as a dry hole expense the total cost of Eagle-1 well in the financial statements for the years ended December 31, 2013 and 2012.
Degen..my condolences:( on the 37500$
does a car dealership with no cars have value? a farmer with no land have value? an oil company needs oil to have value...
I am not a geologist...
not sure what you are smokin' but can I have some?
2 reasons I keep posting here even though I don't have shares. actually 3,
1. First, I hope I can shed some light on what is going on, and prevent some of you from losing more money.
2. They mismanaged the company and lied to us time and time again, so that cost me money, and with people continuing to buy shares, allows them to continue getting paid. I hope they file for chapter 11 and bring this to an end. I hope my post will prevent people from buying.
3. Because it is a free country and I can. In the event I am wrong, (which I am not) I would consider buying back in if things straighten up a bit.
you do realize that your sweet spot Kenya was dry?
that oil price outlook is good for those of us that work in the oil industry, however for ERHC 75$/BBL x 0 bbl is still = 0$
why would they invest there own money knowing that they were going to have to dilute it like is being done now, where did they think money was going to come from?...not to bright imo
congratulations ERHC and shareholders, you did it again, trip 000's
that post makes me want to buy about 8 million shares, because there is good news coming. not
where are the facts? Some dude you spoke to at ERHC office that says they are doing stuff...was it the janitor? what you wrote in your post are not facts, but just hearsay.
oldoil, I hate to spoil the party, but the yacht you are planning to purchase has reportedly been sunk off the coast of west Africa by Nigerian terrorists/oilmen