ERHC Energy Inc (ERHE)

[seek the light]

GoM: Kosmos Energy's Oldfield exploration well disappoints
Kosmos Energy and Hess have completed drilling the Oldfield exploration well in the U.S. Gulf of Mexico. Oldfield was designed to test a sub-salt Miocene prospect located in Mississippi Canyon. The well did not encounter commercial quantities of hydrocarbons and will be plugged and abandoned.

My Comment:

This is not their only recent failure. Maybe they will now be more apt to work with Total on EEZ block 4.