ERHC Energy Inc (ERHE)

[Stay the Course]

Fishdog is dead on about CVX / XOM actions validating the prospectivitye for ERHE interests. But even with the unprecedented incentives from OBO-1, these CVX and XOM behemoths getting into a full run to chase the elephant herd in the ultra deep waters of JDZ is a challenge, takes time. And they have careful internal hurdles to jump over too.

Sure wish ERHE would do the equivalent of an ECL report like Afren did in early 2005 to show what we expect we have and provide a basis for investors staying the course until production - and the SP headed upwards along the way! The ECL report shows up on this board regularly, in fact someone posted it again today.

Several excellent companies in Houston that do that kind of thing.

Similarly Tatneft (TNT) had a problem 2-3 years ago with confirming reserves, a company in a next door building here did the necessary which helped reassure NYSE that TNT had XOM like reserves. Their PR was about as bad as ERHE's, and their ADRs were threatened with de-listing but look at them go now.



Stay the Course, if you can