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Re: DegenerateGambler post# 168558

Sunday, 06/28/2009 9:30:17 AM

Sunday, June 28, 2009 9:30:17 AM

Post# of 361036
helo gang
This relates to ERHE in regards to an operator hiding material from partners in the block.I am in another small Canadian player in Namibia(which has 10%)...where Sintezneftagaz (from Russia) is the operator of block 1711.The Namibian Govt. has declared this first wilcat well as tight hole status...and any PR we have gotten from other partners involved have not come up with any drill results.....this has been over 1 year since drilling and a boat load of testing.So even if partners know something.....they are being restricted to PR info...either by the operator or the Host country.
This is not written as anything but another side of the story....we still must have patience.....and hope...and LUCK!!!!
We all hope and conclude that there is commercial oil/gaz ..in JDZ
Let the drill bit speak loudly PLEASE!
P.S. there was a meeting In Namibia with Russian delegations and a small report came out stating that there is commercial gaz there...trouble is infrastructure stinks...
the consensis is that there is Presalt oil under all that commercial gaz.
gives hope for EEZ?..possibly!
Baz