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Re: Krombacher post# 356819

Thursday, 07/20/2023 1:41:01 PM

Thursday, July 20, 2023 1:41:01 PM

Post# of 360913
Krombacher, well, I hope you are correct but based on my experience, nobody will ever pay $3B dollars for erhc because theie acreage rights are all unproven, and the few wells that were drilled were not commercial. Nobody will pay billions of dollars for unproven acreage and if you are TotalEnergies and Shell, there is no rush.. they just found billions of barrels offshore Namibia.. they can just wait on SEO to decide if wants to die first, or take a reasonable buy-out offer..

Again, I hope you are correct but in my opinion, at this point in time, impossible.

Nd9