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midtieroil

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midtieroil

Re: rmilman post# 324028

Saturday, 06/24/2017 11:26:12 PM

Saturday, June 24, 2017 11:26:12 PM

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You do realize that ERHC owns none of Elcrest, none of Starcrest and none of Eland. How is there going to be profit for ERHC when they have no ownership in OML40?

I think some actually believe one of these companies is going to give away some of their interest in OML40 to ERHC. I don't see any of them doing that since ERHC has nothing to give them in return. ERHC has assets on the books of only about 2.5 million while owing over 13 million. See the problem?
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