Krom, those Slanderous people just can not stand the FACT that ERHE signed an Exclusive Agreement with Starcrest to Jointly Acquire Marginal Hydrocarbon Oil Leases in Nigerian Territory and Share in the Revenue from Hydrocarbon Production in OML40.
It would appear that ERHE is looking to Divest itself of its Deepwater Assets for a sizeable Cash Infusion and retain a small Free Carry percentage.
Going forward, ERHE may end up on the AIM London Market with Proven Reserves and Proven Hydrocarbon Revenues.
With ERHE in tow under the Arm of SEO and his Management Team and Operating with in the Nigeria Realm of Political Influence, Well the Sky could be the limit for this Company.
All of the above is just my Opinion and just the way I SEE it, so in closing, I would hope that investors will conduct their own research in case I am Mistaken and not listen to the Slanderous Ones!
Sneak-attack
