ERHC Energy Inc (ERHE)

[farrell90]

Circumstantial evidence exists that something is percolating under the surface.

The most visible item is the upcoming Kenya drilling. Even though we have not been given an update on seismic; the drilling plans going forward point to successful seismic results.

Then we have the MOU announce in Dec 2014 with the international oil company for EEZ block 11.

Add the persistent rumors regarding the JDZ from Nigeria and Sao Tome.

The controversial Chad seismic funding with convertible bonds seems to be a negative. Perhaps it is a clue. The final leg of a bigger deal.

Then the clincher is hiring Deloitte, and for what? The PR stated it was for "joint ventures,alliances and /or joint ventures". I doubt it is to oversee a bankruptcy.

Now Nephete is pontificating in the Nigerian press. If you are going into politics it is much better to have been a successful businessman. How many politicians point to their experience in leading a company into bankruptcy...it just is not a vote magnet.

All the above is just my opinion and is likely to be wrong.

Farrell