ERHC Energy Inc (ERHE)

[dat_51or]

Oil....My thoughts too.

I'd further comment that even without a big find in Block 1, it sure seems like Equator is selling for a very cheap price. That's assuming that the rumored $1/share (100 pence) buy price is in the ballpark and BB's post last week that listed 3 billion barrels in one of their NEEZ blocks proves correct (plus the STP EEZ blocks, plus producing assets, etc, etc). I'm worried that this market-based valuation of EEL's assets when compared to ERHE's will give us a low price, too.

But what do I know, I'm just a small time shareholder along for the the ride with whatever EO decides.
dt