ERHC Energy Inc (ERHE)

[nordicroots]

You very well may be right considering current market conditions. Who knows what sort of a wild card might be played that changes that dynamic. It occurs to me that the $10.25/barrel tax being proposed on each barrel of oil by the current White House administration, could very well be such a factor as it would immediately give a boost to production and consumption outside the country. It would effectively make every barrel produced outside the US that much more economically attractive(competitive) than each barrel produced and consumed in the States. That is just one change in circumstances that could provide the incentive needed to prompt the funding needed by stakeholders to make it happen.
This is by no means a boring market, there are a lot of things changing all the time.
Let's hope one more change includes a commercial find and the means to bring it to market profitably.