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Thursday, May 04, 2006 1:33:45 PM
I'm wondering if Offer pushed to have the "good" JDZ blocks awarded to ERHC, thereby raising capital to go after incredibly awesome motherload blocks in the STPEEZ on our own where we'll own 100%.
Could Offer have seismic have seismic for that area that nobody knows about? He *is* a very rich man. It can't cost that much to shoot preliminary seismic.
Wasn't Merdian downplaying the STPEEZ blocks as likely NG only and not worth drilling?
I find that intriguing.
ERHC's share of JDZ oil; 1 billion barrels. Once proven, ERHE will be $10+. All we need is time and patience.
Nuf said.
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