ERHC Energy Inc (ERHE)

[miamidrift]

And SSP, one of your posts:
Posted by: spp119 Date: Wednesday, November 04, 2009 12:55:07 PM
In reply to: None Post # of 186813

Sao Tome to set up national oil firm: govt official
Wed Nov 4, 2009 4:08pm GMT

http://af.reuters.com/article/investingNews/idAFJOE5A30L820091104?sp=true

CAPE TOWN (Reuters) - Sao Tome and Principe, a tiny African island nation, will establish a national oil company before the end of the year to develop the island's offshore crude oil fields, a government official said on Wednesday. "

(Wait a minute. Time out. SSP did you have the decency to call Sao Tome and tell them they do not have any oil because your trusted advisor said so and you are trying to get everyone to sell down their stock before it is too late.")

Now why would Sao Tome set up their own oil company if the JDZ is mostly gas as you say. And why are you posting Sao Tome is setting up an oil company all the while saying their is no oil?

Could it be:
1. you have better contacts than Sao Tome does in what is going on in the JDZ.
Therefore, Sao Tome is in la la land thinking they will have oil to sell?
or
2. do you think the Sao Tome population is trying to corner the coconut market in order to raise enough cash to buy an oil company?

AND ANOTHER BIG QUESTION, if you know that all the wells are loaded with gas and no oil, why would Sao Tome want to host an oil conference and is inviting African nations to their shore on the heels of your negative news? Do you think it was a typo and they wanted to host a natural gas conference sponsored by corporations knowledgeable and in the business of selling "natural gas blowout" prevention equipment, remediation equipment and protective gear for people working on "floaters"?

Do you think the Sao Tomeans will have a new national motto:

"Now we are cooking on Gas"

Do you think the Sao Tomeans will ban the sale of GasX on the island?
Your posts sure open a lot of cans of worms...not to mention the creation of a lot of smoke.

Gee, I don't know much about the oil business and there are too many more questions to ask you as an oil guru...hope I get to sleep ok tonight. Sometimes n oil guru is a mixed blessing.