littleBitmoore1:Hi, You did miss Mark stating that he is still waiting for up to date information. He is still with us and would not leave. Enjoy your travelling and remember, our drills are at work at two locations and maybe some others.
Keep in mind that the companies who invested vast amounts of assets in this process did not do it to come up empty.
One of these days at their discretion we will be informed of what has taken place these last few weeks. I feel the longer we do not hear the better, giving them time to do some more drilling and analysis.
The slow process that is taking place is wonderful for those of us who still never have enough shares. Look at the oppotunity we have now:
1. Drilling is in progress.
2. Two locations to be drilled with numerous wells.
3. Top of the line drill ship with experienced crews
4. No out of pocket expense for ERHE to complete drilling.
5. Seismic shows numerous drilling locations and plenty of
time to locate them.
6. Seismic companies concur that their is oil and gas at these
locations.
7. Time to locate elephant (BB) locations.
8. The oil companies are as anxious as us shareholders.
9. Cost to drilling companies, about one million a day for all
expenses. ERHE pays percentage after first oil is sold.
10.All we have to do is enjoy the results & smile.
My suggestion is to relax, stay away from the daily excitement and reap the harvest when you are satisfied with the results . It could go any way, but I am very positive. We might only find fewer elephans then I thought we would, guess we have to take the good and the bad together. OMO
Remember this, most long term shareholders have waited years to get to this point in time when drilling is taking place. The share price as I see it is a much better deal now then in the past. We are at the early stages of drilling which took many years to arrive at. To me it is a great oppertunity at this time because we will know the results in a fortnight.
Enjoy the ride.
Rapp jr
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