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Post# of 18778
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sneak-attack

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sneak-attack

Re: None

Thursday, 01/11/2018 7:53:35 AM

Thursday, January 11, 2018 7:53:35 AM

Post# of 18778
With oil at $64 a barrel and Production at 20,000 barrels a day from OML-40, Starcrest would get $58.4 million in Production Revenues a Year.

The question is how much of that Production Revenue will belong to ERHE from its deal with Starcrest.

ERHE will have a percentage of OML-40 Proven Hydrocarbon Reserves and Revenues.

Oil is heading to $80 a barrel and the oil Production will be increasing to 30,000 barrels a day and the Proven Hydrocarbon Reserves will increase by 224 million barrels.

Just more Facts, so please conduct your own research in case I am wrong.

Sneak
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