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Oiltech

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Oiltech

Re: midtieroil post# 318442

Sunday, 11/13/2016 10:15:22 AM

Sunday, November 13, 2016 10:15:22 AM

Post# of 361381
ERHC is a prime target for a M&A right now. They own some great assets/interests on and offshore Africa, with great potentials. Yes, I do not agree with the management style, but, ERHC is very cheap right now. Very attractive for a takeover. Pioneer and Exxon were trying to buy ERHC out back in 2005 with half the amount of interests/assets they own now at $2 and $6 respectively. Oil is cheap, ERHC is cheap, 2 great signs a deal is on the horizon.
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