ERHC Energy Inc (ERHE)

[tryoty]

balance_builder...

THANK YOU for providing much needed balance here. Neither ERHC, nor Sinopec, are in ANY position to sell ANYTHING right now.

OBO-1 was drilled for the benefit of CVX/XOM. If OBO-1 showed most of the oil is in block 2 as oilphant suggests, does ANYONE with more brain cells than Mongo think they'll call us and say, "most of the oil is in your block, can we buy it?"

Whatever CVX/XOM learned by drilling OBO-1 is known only to CVX/XOM.

If we sell ANYTHING before poking a hole it would be incompetent.

*If* oilphants statements come true it seems to me that he works for either CVX, XOM, or the the org that drilled it (if they farmed out the drilling). Nobody else would know.

Maybe he, whoever he is, is here because he placed a side bet on a minnow?

No matter. I like the riddles. It's interesting to see into the thoughts of others through their interperetations of the meaning.

At the end of the day, Julius Erving had it right (minus the condescending attitude), if there's no oil, ERHC isn't worth squat. If there *is* oil, it's a rocket. Whether the rocket is slated for Earth orbit or a mission to Pluto is dependent on how much oil is there.

Even a lowball projection of 1 bbl in each 2, 3 & 4 makes several people on this board millionaires.

I envy those with the brass to have that much on the line.