SEO has over $13 million invested in ERHE and her Hydrocarbon Rights.
ERHE has signed an agreement with SEO'S Starcrest to jointly develop Hydrocarbon properties in Nigeria where the Corrupt Super Major Oil Companies Have No Control of the Outcome.
I look for the two deepwater blocks in Nigerian waters plus a percentage of Starcrest 25% stake in OML-40 to be exchanged for 50% of ERHE'S shares.
With Proven Hydrocarbon Reserves and Cash FLOW from OML-40, ERHE'S Financial problems should get resolved through negotiations.
Once all the Financial On going Issues have been resolved, I look for Elcrest to secure future Hydrocarbon Resources in Nigeria.
Please conduct your own research as I could be Wrong, after all, it is your Money, so look beyond the negative rhetoric posted here an try and find a workable solution to ERHE'S current situation and do not rely solely on its Demise do to a thoughtless bunch who prefer it's end!
Sneak
