Addax Petroleum (fka AXC)

[sneak-attack]

Eland oil is positioned to advance with a 22 million barrel hydrocarbon reserve increase the a proven well in OML40.

With all the upside, Eland Oil needs to find additional reserves in order to continue it rise in market value.

When one looks around, it is not hard to visualize Eland Oil, Starcrest and ERHE from working out a deal whereby All participants may become Winners.

Lets see if Eland Oil and Starcrest take an interest in Block 11A from a producing hydrocarbon well revenue sharing and hydrocarbon asset swap or merger.

http://www.proactiveinvestors.co.uk/companies/news/176982/eland-oil-gas-unveils-major-reserves-upgrade-for-nigeria-operations-176982.html

I could be Wrong!!

Just My Opinion for the next T-minus 183 days and counting!

Lets Go Pete!!

Sneak