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Re: midtieroil post# 316284

Wednesday, 06/01/2016 10:39:15 AM

Wednesday, June 01, 2016 10:39:15 AM

Post# of 360834
Midtieroil
Can you name me a few companies as minute as ERHC that, is/was involved in drilling 5 wells in 6 years. No excuses just some names would suffice.
Cheers...TIA
P.S. at the time of the 45 million, they only had offshore rights,now, how far does that go in offshore drilling. They spent money to diversify into onshore acreages where money goes 100's/1000's times farther. You know better than most ,so we hear, what finances are needed to explore for oil. 45 million is nowhere close to to become an oil exploration let alone production company. Now here is the Kicker
You as well as any other shareholder could have sold at any time they wanted.

Manuel06