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Re: None

Wednesday, 03/03/2010 11:32:43 AM

Wednesday, March 03, 2010 11:32:43 AM

Post# of 362433
This smells like a nice marriage deal in the works..I think OFFER wants to build his Nigerian oil company, but needs finacial help (obvious). IMO the reason all of this waiting and mistery stems from negotiations with another company. This is typical, don't say or breath anything until there is an agreement in place.. I feel that one is probably 95% done, there must be some little issues that need resolving before they will announce. Again IMO ERHE will be a part of a larger company, but still acting in it own capacity for Nigerian oil development purposes...The big question is, how valuable is OFFER to another company ....SNP???
Could any other outside company have 1/2 the success that OFFER has accomplished so far in this region??? NO...So, IMO the deal will come with ERHE and OFFER running the show...

Now lets just wait and see... hopefully wait = 1 -- 4 weeks.

P.S. the little issue is probably getting the drilling agreements signed for the EEZ. IMO Phase 2 is a done deal for the JDZ..