Deepwater drilling is very Speculative at Best, even with 3D seismic technology.
HDYN drilled a Dry Well. They had top rated
Management, CEO, Press coverage and Deep Sea Driller and yet, they Failed. So much for the hype. If the Hydrocarbons are not there, they just aren't there!
ERHE on the other hand is Still in Play! OML-40 does have hydrocarbons and a Deal with Starcrest would give ERHE, Escape Velocity from its low Earth orbit where the dissenters can unload pop shots of negativity on her.
I look for SEO to consolidate his hydrocatbon business interest and move to another exchange.
Just more Facts.
Prediction, KOS goes down, ERHE wins.
Sneak
