ERHC Energy Inc (ERHE)

[tryoty]

Walldog, are you implying that the almighty Offor, who single handedly landed lucrative drilling rights in a field of elephants, can't swing getting a dinky donkey sized field in a stable part of Nigeria?

Say it ain't so!

Just because the Delta is a mine field doesn't mean the rest of Nigeria is. A little acreage with seismic indicating a few small structures could be had for peanuts, and drilled for not much more than M&M's. With $30M in the bank and locals wanting the work this company could have oil flowing already, for less than a few million dollars.

But they don't.

To me it looks like they don't want to put in the effort of hiring a few people to run an actual oil producing property. It wouldn't take that much, that's the frustrating part.