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Re: None

Tuesday, 12/01/2015 10:41:13 AM

Tuesday, December 01, 2015 10:41:13 AM

Post# of 367056
I expect the following arguments to be made leading up to drilling in Keyna.

1. If doesn't matter if they drill or not as the odds of finding oil are so low.

2. Even if they do find oil the quantities found will be too low to be commercial.

3. Even if they find oil in commercial quantities it won't help ERHC as they will have diluted so much or sold off a large piece of the asset.

4. Etc Etc Etc

You watch the usual suspects will begin making these arguments as we ramp up to drilling.