InvestorsHub Logo
Followers 3
Posts 752
Boards Moderated 0
Alias Born 08/27/2009

Re: Lickety Split post# 184058

Friday, 10/23/2009 10:39:35 AM

Friday, October 23, 2009 10:39:35 AM

Post# of 362900
Strass, I too belive there is a buyout in progress, I question wheather both sides will come together. I have been encouraged by what has not been anounced about our wells yet. When they have a DH or an unproducable well they know pretty quickly, the two I have invested in before the first one took 24 hours for them to anounce we did not have a well and the other they knew the day they hit TD and had found nothing worth further study.
I did not expect that any prospect would have a well that was a stand alone producer. Thats not what Addax's geologists predicted. I have no problem with ERHE just setting back and collecting their share of oil production and making payouts to stockholders for the next 20 years, we don't need to be a "real" oil company.
I would just like to get some of the "real" information the big boys are studing & end this period of uncertainity. How many ft of net pay, pump test results, anything.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ERHE News