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Thursday, July 05, 2007 11:34:06 AM
In addition to pointing out for the first time SEO was separated from ERHC in the Press and hey what did you make of the STP Oil Minister saying 100 MM Bbls in JDZ BL 1 just the other day on STP TV ...
Can you offer any additional commentary ..
repost of S. Freed ...
"Unfortunately the momentum was halted by actions I can
only call illogical and short-sighted.
I think the "fun" is just beginning for SEO personally, however. The NY Times article was great for the company as it was a regurgitation of the same old issues that have been dealy with a thousand times before. It seemed to focus potential wrongdoing in both the US and Nigeria squarely on Offor. Correct me if I am wrong, but this is the
first time in any major publication that the company has been
separated from Offor in this way.
I don't see alot of fallout from the article on the company. Indeed, it may cause investors not knowledgeable on ERHC or the region to take some notice. That can only be positive.
I think it will add to the woes of Offor. That too may be positive
for ERHC shareholders.
When this is over, someone should write a book...but who would
believe it?
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