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midtieroil

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midtieroil

Re: majicathome post# 321943

Friday, 03/24/2017 10:04:47 AM

Friday, March 24, 2017 10:04:47 AM

Post# of 361260
More confirmation that the JDZ is dead for the foreseeable future. The only reason ERHC can hang on to it is because it costs them nothing to do so. They have no spending requirement that I know of.

On the other hand, it is providing zero value to the company or its shareholders and it appears it never will. 7 years with no wells and no partners is long enough. Might as well write it off and move on. But I'm sure ERHC won't as long as they can pretend it might provide value "someday".

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Volume:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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