Naked Short Selling is calling the Shots when it comes to ERHE Equity Trading!

The Short Sellers can get away with the Naked Short Selling Strategy Today, Tomorrow and Possibly into the Near Future, but as soon as the Total Fina ERHE Free Carry Deal is Announced and the Deal between Starcrest Energy and ERHE involving Nigerian Onshore block OML-40 is Announced, ERHE Stock is Off to the Races.

There is but one group of individuals that can conduct "Naked Short Selling" and that is the "Market Markes" and everybody knows this and so does those that say "No Short Selling Going On Here"!!

Please conduct your own research in case I am Mistaken

Sneak-attack

The Nigerian - Sao Tome JDZ drilling campaign got started the 2009 and ERHE shares were trading in the high .90 cent range with about 724 million shares outstanding.

After poor JDZ drilling results, ERHE'S stock quickly sold off. Management increased the share count to 3 billion shares to raise capital for the Keyan block 11A project.

The 100 to 1 Reverse Split took place in January of 2016 when the share price dropped to .005 prior to the reverse split and the market cap was just $15 million.

The market cap back in 2009 was about $690 million. Although the share price dropped to .005 prior to the split, investors sold off along the way and did not loose the entire $675 million drop in market capitalization.

Since the reverse split, ERHE'S market cap dropped further from $15 million to about $289k.

Since Total Fina stepped in to conduct a Deal for EEZ block 4 with a 5% FREE CARRY for ERHE, the share price has risen 10 fold from .0001 to .001 due entirely to Current Longterm shareholders and New Investor Enthusiasm about the possibly of ERHE and Total Fina conducting a similar deal in the JDZ with similar "Free Carry" for ERHE in blocks 2,3,4,5,6,& 9.

Let me give you a little hint, JDZ Block 6 may hold the JDZ "Mother-Load" of Hydrocarbons with in the JDZ!

"When" and not "If" the deal get done in the JDZ, ERHE is Certainly Earmarked for a Higher Share Price in the Order of a 100 fold increase going forward and if Commercial Hydrocarbons are discovered, that share price moving North could be Several 1000 fold!!@

Please conduct your own research in case I am Mistaken

Sneak-attack

To proclaim that ERHE once traded at $98.50 is Blandly False as that number reflx a 100 to one reverse split when if fact the stock traded at .985 cents which was many years before the reverse date.

To claim that ERHE went from $98.50 to .0001 is a TOTAL distortion of the facts.

ERHE once sold for $6.57 in the late 1997, so using the Fake News Group Mindset, one might claim that the 100 to 1 Reverse Split, ERHE sold for $657.00 dollars a share, Which never happened.

Please conduct your own research so the Fake News Group does not Confuse You.

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.05 cents is just the beginning as ERHE gets her Financial Footing from the Deal with Total Fina in EEZ block 4.

Those of us who Purchased the much Criticized "Delusion Insurance" are Smiling And Enjoying the Resent Action!!! ??

Those who have displayed an attitude of Irrational Exuberance in Choosing a "Short Position" in ERHE are suffering a dramatic reversal in their financial wellbeing going forward. ??

ERHE'S Current Direction Is Simply Irrefutable!!!

Please conduct your own research in case I am Mistaken

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Well It looks like ERHE is "Simply Irresistible" just like the song!!

ERHE closed at 1/10 of a Penny Today and with the soon to be announced Total Fina deal in the Works, Closing above .05 should be possible.

Please conduct your own research in case I am Mistaken

Sneak-attack

I used to find ERHE Stock Attractive at .0001 But Now with a Deal with TOTAL FINA in the Works, I find that there is but One Song that Best Represents ERHE as the Shares Keeps Climbing and that is Simply Irresistible (Official Video)" on YouTube

Some seem quite confused when describing ERHE in her Past, Present and Future Business Model by Proclaiming her a complete failure as an Oil Exploration Company Operating in the Oil Patch are completely wrong.

ERHE is just a "Hydrocarbon Property Holding Company" with Very Valuable Assets in some of the Hottest Hydrocarbon Properties in the World and that is the Best Way to describe their Activity in the Oil Patch.

There are "Free Carry" Hydrocarbon drilling contracts signed between Mid-sized and Large Oil Exploration Companies around the world every year.

These Mid-sized and Large Oil Exploration are the Operator's of these blocks and MAKE ALL THE DECISIONS AS TO WHEN, WHERE AND HOW TO DRILL ANY AND ALL HYDROCARBONS TARGETS IN THESE BLOCKS.

These Small Hydrocarbon Holding Companies lack the required Skill, Knowledge, Experience and most importantly the "Cash on hand or Financial Backing" to conduct such Oil Exploration Activities, this is why they seek out Qualified Oil Exploration Companies to conduct this work.

Let us not forget that these Mid-sized to Large Oil Exploration have No Illusions about the Risk that they Take on from drilling Dry Hole, Non Commercial discoveries and possibly, not getting Financially Reimbursed by the Small Hydrocarbon Holding Company that they were carrying. Also let us not forget that the Operators does not get Financial Reimbursement from the Host Country for Carrying that Cost as Well.

ERHE is not by any stretch of the imagination an Oil Exploration Company. So, Any and All Failures by the Operators to find Hydrocarbons in the blocks that were drilled are the Responsibility of the Operators in those blocks.

In Closing, just Imagine how much ERHE stock could be worth if it could secure a 5% Free Carry in 12 Deepwater Blocks that Total Fina would operate.

Please conduct your own research in case I am Mistaken.

Sneak-attack

Back in the Day, ERHE got $50 million for selling off 23.5 basis points of their 125 basis located in the JDZ.

That worked out to about $2,127,660.00 per JDZ basis point.

Today, ERHE still controls 125 basis points in the JDZ and News reports state they they can pick up to 60 basis points in two of the JDZ block 2, 3 or 4.

That additional JDZ basis points would equal 200 basis points valued at over $425,532,000 millions at the 2005 pricing.

If ERHE could retain a 5% Free Carry in their 6 blocks, plus a 5% Free Carry in Totals 3 JDZ blocks and ERHE sells off the balance of their JDZ basis points to Total Fina for about 50% of the 2005 JDZ basis point valuation, ERHE could receive about $165 million in cash.

With a 5% Free Carry, much does one think ERHE could be worth Partnering with Total Fina in 10 deepwater that Total Fina Operates?

Please conduct your own research incase I am Mistaken

Sneak-attack

The "Share Shorters" must feel like That Paul Simon Song: "Slip Sliding Away" as their Short Position Keeps Slip Sliding Away!!

Please conduct your own research in case I am Mistaken

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Facts seem to always escape the Narrative here when it comes to ERHE.

ERHE was only responsible for 25% of its 35% share of the drilling cost related to block 11A.

Now let us assume that EEZ block 4, JDZ blocks 2,3,4,5,6,7,8 9 and 11 along with the Two Nigerian blocks of 242 and 291 all get Total Fina as its Operator.

How much Oil as Gas could Total Fina possibly discover with that New State of the Art computers system to evaluate the 3D imagery in the above blocks.

Let us assume that they discover 12 billion barrels of oil and gas equivalence for All the blocks combined.

If ERHE could secure a 5% Free Carry in all blocks via a percentage swap with Total Fina, ERHE receive 600 million barrels of oil and gas equivalence.

If Total Fina's entire Proven Hydrocarbon Reserves doubled to 24 Billion barrels of oil and gas equivalence, ERHE'S share would double to 1.2 Billion barrels of oil and gas equivalence.

If the above scenario pans out, ERHE could possibly achieve an $8.00 a share pricing Target.

Please conduct your own research in case I am Mistaken

Sneak-attack

Since ERHE is rumored to control 60% of JDZ Blocks 2, 3, 4 and 15% of 5 & 6 and 20% of block 9 to go along with Nigerian OPL 242 and OPL 291 they may be able to get a 5% free carry along with a $100 million in cash from TOTAL FINA.

The other option would be for ERHE to Exchange All of their JDZ percentages less a 5% Free Carry in Every JDZ block and the two deepwater Nigerian blocks 242 and 291 that Total would have control of.

In any event ERHE could possibly get a 5% free carry in 9 JDZ blocks, 2 in Nigerian blocks and 1 EEZ block 4.

In all ERHE could get a free cary in 12 deepwater blocks operated by TOTAL FINA.

Please conduct your own research in case I am Mistaken

Sneak-attack

ERHE Share Price Heading North!

Must be the thought of ERHE possibly doing a deal with Total Fina for JDZ wide Control!!

Please conduct your own research in case I am Mistaken

Sneak

Krombacher, since I only get one post a day, I would like you to know that I could not have done a better job explaining this issue myself!

Well said my Friend and in closing, My Hat is off for you!!

Please conduct your own research in case I am Mistaken

Sneak-attack

ERHE'S Kenya block 11A has been divided into two blocks.

Kenya blockk 11AA has been cut out of 11A!

Of course sting-pin would never let anyone know about that valuable bit of information.

Please conduct your own research in case I am Mistaken.

Sneak-attack

Yesterday's trading looked like the historic "Battle of the Bulge" and it appears the Short sellers lost!

Also on the News front Exxon looks to sell-off their marginal Nigerian Delta Hydrocarbon Asset to Local Hydrocarbon Exploration Companies.

The Nigerian Exxon Executive heading up this divestiture is a close friend of former Nigerian President Good luck who happens to be a very close friend of Nigerian Business Mogul SEO.

It would appear that Starcrest maybe sitting in the Cat bird seat.

Let see if the Short Sellers take another run at brining this stock down yet again!

Please conduct your own research in case I am Mistaken

Sneak-attack

Looks like Kenya Block 11A is still in PLAY!!

Thanks Tamtam!!

ERHE controls 85% of block 11A!!

What will the Short Sellers do NOW!!

The Circle is getting tighter around their Short Selling Play!

Please conduct your own research in case I am Mistaken.

Sneak-attack

Short Selling is being Perpetrated on ERHE stock every week like clock work!

Please conduct your own research in case I am Mistaken.

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Krom, did anyone notice the Net's article about Kos did not show EEZ block 4?

Also, any investigation into the FCPA would not be successful as Kos has relocated their office headquarters am I am sure those files containing any incriminating evidence was LOST IN THE MOVE.

Also, the Short Sellers are running out of shares to short.

Please conduct your own research in case I am Mistaken

Sneak-attack

I believe that The ERHE "Shorts" May have just "Shart" themselves after reading about this New Technology!!!

LMAO!

Please conduct your own research in case I am Mistaken.

Sneak-attack

It looks like Kosmos is one very tricky slick partner as Senegal has asked the justices to look into illegal payments to a group of political big wigs in exchange for help securing these two highly prized blocks.

It looks like Kosmos convinced BP into buying into these two blocks that are now under Investgation for illegal payments.

Hmmmm, this story seems similar to the Kosomos payments to the Sao Tome hydrocarbon agency for training future workers in their local oil patch. But these funds were actually going to buy Sao Tomes help in filing a legal challenge agianst ERHE and its control of EEZ block 4.

BP appears to be very irritated with what went on in these two block before they purchase a percentage of these two block. Since Kosmos was involved in the beginning and well before BP got involved, BP feels they should have been warned prior to getting involved.

Just some more fine Management Choices by Kosmos.

Please conduct your own research in case I am Mistaken

There was a famous song back in the day that describes Kosmos, "They Smile in your Face every time they want to Take your place, The Back Stabbers, Back Stabbers!!

Sneak-attack

Looks like Total Fina is cutting Any and All ties related to working with the "Benedict Arnold" of the Oil Patch going forward.

Kosmos stock price is now in a downward trend achieving lower highs and lower lows at the close with higher than normal trading volume.

This stock could retest the 52 week low of $3.93 as one of their largest shareholders has trimmed their holdings in this company.

Kosmos is carrying a lot of debt in a market that is experiencing a global slowdown with OPEC largest producer cutting back on production in an effort to keep the price of oil from sinking lower.

Please conduct your own research in case I am Mistaken

Sneak-attack

Dr J. May 30th 2019. I have an Upstream Subscription.

ERHE looks to farm out 2/3 of their 30% JDZ block 2, 20% JDZ block 3 and 25% JDZ block 4.

ERHE also may be able to increase its percentage in one or two of the blocks to 60%.

Have a Great Weekend!

Sneak-attack

K-pin, you got your EEZ Blocks backwards. EEZ Block "4" is in arbitration not EEZ Block "11".

Please conduct your own research in case I am Mistaken

Sneak-attack

ERHE could increase its JDZ blocks 2, 3 & 4 percentages from 30%, 20% and 25% to as much as 60% in one or two of these blocks!

What could that ALL MEAN FOR ERHE SHAREHOLDERS?

Please conduct your own research in case I am Mistaken

Sneak-attack

Peter is looking for farm-in partnership for JDZ blocks 2,3 & 4.

Please conduct your own research in case I am Mistaken.

Sneak

Seek, Thanks for the Positive Post concerning our New and Extremely Qualified Exploration Partner.

Happy Memorial Days to those Family who have service members presently in the Military and those that have lost loved ones and friends serving this Great Country!!

My wife is the youngest member of her family and lost one brother in Vietnam, the other one was seriously injured and her youngest brother fell victim to cancer from mixing Agent Orange during the war several year later.

May Peace be with everybody.

Sneak

Make fun all you want, but the SEC is watching, so please Govern Yourselves Accordingly!!

Who knows, maybe the Government is Testing the "Waters"!

Please conduct your own research in case I am Mistaken

Sneak-attack

.01 shall be coming soon!

Please conduct your own research incase I am Mistaken

Sneak-attack

Those in the "Circle of Trust" understand which block in the JDZ has the "Mother Load" of Hydrocarbons and they will not settle for .25 a share!!!! That I can Tell You!!!

Please conduct your own research in case I am Mistaken.

Sneak-attack

Total Fina seems to be the right fit for All of ERHE'S Deepwater Hydrocarbon Assets.

As long as ERHE'S Deepwater Hydrocarbon Assets remain in yhe Control of the Western Alliance, Washington should not object.

With JDZ blocks 2, 3 ,4, 5, 6 and 9 along with EEZ block 4 and two Nigerian Deepwater blocks, ERHE'S share of the Deepwater Hdrocarbon Assets could top 3 billion barrels.

What could those combined assets be worth to a company the size of Total considering that Total control JDZ blocks 7,8 and 10 along with EEZ Blocks 1,2 and 4 which makes this the Largest Continuous Un-Interrupted Hydrocarbon Assets in the Offshore West African Area!!

Please conduct your own research in case I am Mistaken

Sneak-attack

SEC is watching!

Please conduct your own research in case I am Mistaken

Sneak-attack

Buy them while they last! ERHE that is!!!

Please conduct your own research in case I am Mistaken.

May the "Naked Short Sellers" have a restless night sleep!!

Sneak-attack

Enjoying a Buffalo Trace on Ice at Houston's on the Intra Coastal Waterway in Pompano Beach Florida with the Wife and family.

Just for your 411, Buffalo Trace is made by the same people who make Pappy Van Winkle.

Have a wonderful afternoon!!

Sneak-attack

Could Chevron be looking at ERHE'S Deepwater Hydrocarbon Assets in the Wake of Dropping their bid for Anadarko to Occidental?

Let us not forget that Exxon wanted in on JDZ block 2.

Buying ERHE'S Deepwater Hydrocarbon Assets includes percentage in 6 continuous JDZ blocks, 5% EEZ block 4, Two 15% paid-in interest in future EEZ Blocks plus $2.5 million in cash in the EEZ block sold to Kosmos in 2015 if Commercial.

Oh, ya, China could also be interested in these Deepwater Hydrocarbon Assets as well.

Please conduct your own research in case I am Mistaken.

Sneak-attack

OXY'S sale of Anadarko's African Hydrocarbon Assets to Total Fina are almost entirely "Gas Based Assets"!

The $8.8 billion selling price for Anadarko's African Based Gas Assets could set the "BAR" for African Gas Based Assets Going Forward in the African Oil Patch.

ERHE has the Largest Continuous Un-Interrupted African Hydrocarbon Based Assets Available for Sale!

Please conduct your own research in case I am Mistaken.

Sneak-attack

It is all quiet on that legal warring front.

However, with the acquisition of Anadarko soon to be announced, it looks like "Natural Gas" is the Biggest Hydrocarbon Play for the future as far as the Big Exploration Companies are concerned.

One very important Fact that should not be overlooked is the Fact that the "JDZ" is believed to be more of a "Gas Hydrocarbon" Dominated Feild as compared to an "Oil Hydrocarbon" Dominated Feild!!

Please conduct your own research in case I am Mistaken

Sneak-attack

Since the legal fight started by Kosmos over block 4 with ERHE started, the corporate leaders and large institutional investors have "Dumped" or Sold off 346 million plus shares of Kosmos to an unsuspecting public.

This sell off could be a result of High Long Term Financial Obligations, Sky Rocketing development cost of current and future operational accounts, Lackluster performance of current operations, legal fees related to asset acquisitions as well as fluctuations in hydrocarbon pricing.

In any event, presently, Kosmos seems to have bitten off responsibility than they can currently handle.

Could the share price test the 52 week low?

That may entirely depend on their commitment to divest some assets and raise capital in order to make current and future operations more profitable, including fights and legal issues that do not seem to be in their best interest going forward and focusing in on operational issues.


Please conduct your own research in case I am Mistaken.

Sneak-attack

No, while I can not speak for others, I can tell you that I have added to my position, Once more.

Please conduct your own research in case I am Mistaken.

I can not wait to read about what Andrew Inglis had to say under oath about what he knew and when he knew it concerning EEZ block 4 and the Conspiracy to cheat ERHE shareholders out of their rightful Value evolving that block.

Sneak-attack

Current Deepwater drillship rates are at $190k a day.

The Major Exploration companies are locking in long-term day rates from the 4th Quarter of 2020 thru the 4th Quarter of 2023.
These rates are $250k to $275k a day.

After 2023, the rates are expected to rise to $300k a day.

This signifies that oil prices should be moving higher as the Global Economy picks up pace.

Please conduct your own research in case I am Mistaken.

Sneak-attack

Kosmos is down 10% since Monday!!

Earning report is flat out "Lackluster" At Best.

To much Debt to Service relative to current Income from on going Operations.

There was Nothing Personal About Kosmos $100k deposit for EEZ block 4 and then delay, delay and delay the closing of EEZ block 4 by requiring ERHE go back and re-work the PSC with the Sao Tome Government eliminating or reducing the $1 million dollar commitment to local Infrastructure project on the Island Nation.

They just did not have the Coin to pay what the block is worth. No Shame in that, just Fess up KOS.

Fake block purchase intentions, deliberately stalling and delaying the purchase of EEZ block 4 thus trying to running out the clock on ERHE Financially.

Now a Fake Lawsuit about breach of contract when they tried to bribe the Sao Tome officals and also file bogus legal challenges to break ERHE financially. I can not wait to hear what the Kosmos CEO will claim under oath about what he knew and when he knew it.

Defamation Lawsuit filed against Kosmos plus the SEC looking into the Bribery Scandal could be very damaging to Kosmos and it's management team.

Please conduct your own research in case I am Mistaken

Sneak-attack