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Post# of 18778
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manuel06

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manuel06

Re: seek the light post# 8513

Thursday, 05/19/2016 3:00:48 PM

Thursday, May 19, 2016 3:00:48 PM

Post# of 18778
Addax owned 140,000 B/d and 540 million of reserves and sold for 8.27 Billion Canadian back then. If your scenario has legs then ERHC will be around for several years to prove up reserves, to rise up enough in value, for US shareholders to make a nice gain on. That's okay with me if we shareholders are making money. We really need this well to be successful.
I'm Glad we are drilling and have a chance for success. De-risking our block would be huge.


http://www.reuters.com/article/us-addax-sinopec-idUSTRE55N59I20090625



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