InvestorsHub Logo
Followers 19
Posts 238
Boards Moderated 0
Alias Born 02/02/2006

Re: None

Friday, 03/10/2006 9:15:52 AM

Friday, March 10, 2006 9:15:52 AM

Post# of 362422
Maiden post. Must say have come to enjoy the daily saga of the amazing story of EHRE and the JDZ, plus some of the day to day banter - and the humanity and histories of posters - and the mysterious Meridian. Gained an appreciation of the zoo: goats, mongrels, big horned sheep, all these monkeys, even elephants and mammoths. And the abbreviations take learning. For example one poster the other day suggested "double D" as the field name for that beautiful big find at OBO-1, and I knew right away he had meant "Due Diligence".

More seriously, I do much appreciate the variety of industry and stock trading insights, experiences and thought provoking views from many parts of the world which are expressed on this board at times.

Been accumulating EHRE since last July, now more cash invested than any for several established oil cos. in my modest portfolio. This action is based on understanding the ERHE potentials - and WAWA risks and delays, from 38 years in offshore drilling and production on contractor side in Houston, last 11 in floating production. Can see CVX as great operator here and ahead of Sinopec, Addax that get discussed for JDZ, as reliably executing these huge ones in circa 5,700 ft. of water takes heft and experience, altogether different from Triton's remarkable 14 mos. achievement at Ceiba to the east in 2002: the 6 years someone mentioned from discovery to first oil sounded sensible.

Multiple posters have commented to the effect that a movie needs to be made on the ERHE story. The story certainly has all the ingredients: persistence overcoming all obstacles from 1997 to now, dealing with coups and controversy, UN intervention, prospect of huge riches, radical changes for the "islands that time forgot", potential for great good, human stories, how the various players respond, exotic(?) locations. Imagine how that could really do some good for ERHE sp and for STP! I can report a conversation yesterday on ongoing talks between a world renowned author and commentator and the original architects of ERHE, concerning both a book and a movie deal. Even talking suitable actors. Maybe posters' wishes will come true in this regard too.

GLTA as they say.

Stay the Course

Stay the Course