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Southern Man

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Southern Man

Re: None

Tuesday, 07/12/2016 1:00:26 AM

Tuesday, July 12, 2016 1:00:26 AM

Post# of 361567
http://www.oilnewskenya.com/emesek-1-exploration-well-in-kenyas-north-turkana-basin-disappoints/

You learn a lot about the geology when you poke a hole. I imagine ERHC is negotiating % and planning a second well and free carry or even a loan from CEPSA>.

CEPSA has been waiting decades to get there and wont throw in the towel on the entire block by just poking one hole, no way.

Current prices are tough for everyone, thats lowering the negotiating ceiling for ERHC Im sure.

http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=874195
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Volume:
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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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