ERHC Energy Inc (ERHE)

[oil-cowboy]

I honestly have a hard time seeing Cheveron going in on a consortium. Doesn't seem like their style. However, someone had to initiate the investigation (which I believe was either Exxon or Chev.) and for them to let it slip away to the Chinese or Saudi's would be a major screw up.

Just hope drilling stands for 08 as planned. I hope we get put into better shoes, but I will take drilling as a bare minimum goal.

I have to say, tho, lots of respected opinions saying roughly the same thing peaks my attention. And if the oil is truly there as we have figured all along, then its ineviatable that we get taken to a place that we deserve.

EO doesn't step down to let the co. languish and flail in the wind. He has always had a plan. I believe this time is not different.

Great post Balance.