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Re: midtieroil post# 316657

Friday, 06/17/2016 8:39:21 PM

Friday, June 17, 2016 8:39:21 PM

Post# of 361285
Agreed. CEPSA has no reporting requirements, why PR a failure... if the well is a failure?

ERHC Energy on the other hand has reporting requirements. There is nothing more material in the entire history of the company than this well, yet days after an article says the well disappointed they have said nothing?

They are either ignoring the article because it is false and immaterial, or they are very, very far over the line on the "material events" reporting requirements, or... don't let this one shock you... they will report well results when work on the well is completed... like Keeney said.

We could argue that "work" could include plug and abandon, site cleanup, environmental restoration, etc. It could b many months before we get results. The longer they play that game, the lower the share price goes. They did that with the JDZ... we still haven't had a comprehensive report on the wells drilled there.

If they had shows in this well, announce it. Soon. If they don't...

announce plan B... C... D... or whatever letter they are on by now.


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