Monday, May 20, 2019 5:17:18 PM
It seems like some here do not understand the term of valuable assets?
It is not very complicated but to be helpful here is the definition!
So I do not create any confusion here is a simplified definition.
An asset is a resource controlled by the entity as a result of past events and from which future economic benefits are expected to flow to the entity. It is the result of a past event or transaction.
See not complicated at all!
It is the valuable assets that keeps me interested in ERHC Energy and in my opinion the time is getting close to receive economic benefits.
Cost of oil is rising – New deep-sea technologies - Renewed interest in exploration – Major oil Companies being licensed for exploration in Blocks of the EEZ and JDZ - Major oil Companies competing over ERHC’s block 4 – The best of all is ERHC Energy has huge assets in the EEZ and JDZ and this area is becoming a hot bed for exploration.
P.S ERHC also has assets for exploration on land also.
Hope this helps. Good luck
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