InvestorsHub Logo
Followers 54
Posts 11634
Boards Moderated 0
Alias Born 12/08/2004

Re: more please post# 42705

Sunday, 04/09/2006 8:21:19 PM

Sunday, April 09, 2006 8:21:19 PM

Post# of 361527
more please, Sinopec and CVX are competitors... what would make you think that CVX would share ANYTHING with SPC?

I can see CVX courting SPC if the motherload is over the border and in block #2, but in general I think oilco's play their cards pretty close.

I doubt SPC has any clue what's in the CVX PR.

I'll go out on a limb and tell you what the PR will say...

"CVX is happy to report that the OBO 1 drilling in the JDZ has revealed a significant oil field, perhaps over a billion barrels. The data also suggests that this field extends beyond the boundaries of block #1."

I expect nothing more than that. If you expect more, prepare for disappointment.

ERHC's share of JDZ oil; 1 billion barrels. Once proven, ERHE will be $10+. All we need is time and patience.

Nuf said.