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Re: None

Sunday, 09/24/2006 8:38:34 AM

Sunday, September 24, 2006 8:38:34 AM

Post# of 367195
Take your pick. Sorry, I'm not computer savy enough to run an official board survey so lets make our pick from the below choices.
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Choice #1: SNP buys-in or buys-out ERHC.

Choice #2: ONGC/SNP subsidiary buys-in or buys-out ERHC.

Choice #3: Chevron buys-in or buys-out ERHC.

Choice #4: ERHC goes alone becoming a true E & P.

Choice #5: Shell buys-in or buys-out ERHC.

Choice #7: XOM buys-in or buys-out ERHC.

Choice #8: CVX/XOM Subsidiary buys-in or buys-out ERHC.

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My pick for the day is #3.

Why??? I believe if the initial rumors of OBO-1 were true, CVX isn't going to allow this to slip away. There are good arguements for some of the other choices but I have to go with CVX and the difficulty powerful majors are having in replenishing their reserves. Also, the time its taken to get the real info out on OBO-1 tells me they aren't done shopping yet. How much would I be willing to bet that my choice is correct?????? Not much....more like a lean in that direction.
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