Kayak, the problem is that BB's "predicted" deal was for the ERHC to be bought out, not for ERHC to buy some pettily ass oil well (or better said, drilling rights that are close to production). Come to think of it, doesn't the company have enough drilling rights on its plate already with the JDZ and the EEZ? I thought they were looking for an oil well operation that was ALREADY in production and had a revenue stream. But what do I know?
Is anyone thinking about the drilling results. I hope they come in soon. When the results do come in will the share price gap up to over a buck, over two bucks? Do you want to be "out" when the results come in?