ERHC Energy Inc (ERHE)

[ERHClongtimer]

Regarding Shea's purported conversation with James Ledbetter, if indeed it really happened, Ledbetter's supposed comments about "During exploration, they found a lot of oil. They found gas. But it wasn't enough to develop." could only refer to the results of Obo-1, since Ledbetter was let go long before the current exploration campaign and not privy to its result. Joe does not explain who "they" are, but gives the impression that it is ERHC and its partners of the current drilling campaign. However, the "they" would have to be the Block 1 consortium led by Chevron.

Ledbetter's supposed description sounds more like what we heard about Obo-1.

Whether this story is factual or not, I have seen instances of lower-rung media taking actual statements made by someone, clipping them, and then placing them in a context that gives them an entirely different slant. - Longtimer