Good questions, rocky:
""The article was about Al Qaeda and their desire to set up training camps and attack Western targets in Nigeria. I didn't write the article, but I felt it was a good article."
So, do you believe ERHE would be considered a "Western target" with their partners doing the drilling and a Nigerian as a majority shareholder? And, how high do you think this priority would be with Exxon and Chevron also there?"
I think Exxon and Chevron are more likely targets than ERHE, but have little reason to think that terrorists would even separate the two. I would guess that their goal would be to simply instill fear and disrupt all oil production that could go to the US, regardless of who owns the companies. So I believe they could be a target, yes.
"Your whole argument is predicated on ERHE being considered a "Western Target". You have no "facts" re: this and I disagree with your opinion that this article outlines any additional risk to ERHE and it's investors."
- ERHE is a US company, and it is my understanding that oil would be sold to the US from the JDZ. I consider that more than enough to qualify as a Western target.
""It is totally legitimate to conclude that terrorists attacks in the area are possible."
Uh, yes, I agree...it already happens about every fortnight."
- and yes it happens, and yes it will likely continue, and yes I believe every oil company in the JDZ can be affected (not just ERHE) and the article seems to support this notion.
