ERHC Energy Inc (ERHE)

[Julius Erving]

Regarding the futures contract part of it. There was a nice article but they pulled it away: Brent futures are different than WTI futures, at WTI you have to take the fysical oil if I understand correctly. That caused the huge drop, while Brent stayed were it was.

Regarding Total surviving:

https://seekingalpha.com/article/4315657-total-s-ignored-oil-supermajor?ifp=0&utm_medium=email&utm_source=seeking_alph

Good stock, also in bad oil times.

Regarding the bad oil times: For ERHC this is all good, the less future 'competition' the better. :) Oil will spike for sure again, like it always does: cycle. And that is good for ofshore drilling.

Also interesting:

https://oilprice.com/Energy/Oil-Prices/Whats-Next-For-Oil-As-Prices-Go-Negative.html

https://www.proactiveinvestors.co.uk/companies/news/917635/mind-the-gap-why-the-spread-between-wti-and-brent-prices-is-so-high-917635.html