ERHC Energy Inc (ERHE)

[emptynester1]

exceo, I don't think companies make it a habit of announcing buyouts mergers talk at this level. Also OFFER and SNP hold things very close to the chest as we've found out. When all of this is happening with no info on results, the stock acting slugish after rumors, no real volume (new money coming in) I have a gut that there is not much to tell. The thing I've noticed is when other oil/gas companies make huge finds they announce it fairly quickly. Our find must be soft, maybe some potential with further exploration...But is SNP going to flip the bill for Phase 2???? I'm thinking not....IMO Offer is scamble to get something for ERHE with the EEZ opportunity..I hope I'm very wrong, but to me IMO things don't look like a home run here. It doesn't look like we can rely on seismic data either for EEZ...I know there are other zones to drill in the JDZ with potential, but I thought they chose the most promising in phase 1. Certainly there is a lot of mixed information, bashers and pumpers are sending it in right now and the pumpers have a slight lead...