ERHC Energy Inc (ERHE)

[vip1999]

This Arrow Energy company has Reserves(that is what ERHE should have, they have CEO and COO for all regions(;O), we are still looking... I think another 3 or 4 years with good reserve number, we could worth be worth more than that in my opinion.

http://finance.yahoo.com/echarts?s=AOE.AX#chart3:symbol=aoe.ax;range=5y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

Arrow Energy has increased its market capitalisation from $20 million to more than $3 billion within 10 years. But we’re not stopping there. From the field through to the boardroom, we are now building on our great successes of the past to create a greater future.


Reserves.
friendly Arrow Energy is Australia's largest holder of coal seam gas acreage with interests in more than 65,000 km2. The company currently has certified gross gas reserves of 808 PJ (1P), 6,150 PJ (2P) and 11.042 (3P). More than 90 percent of Arrow's acreage is still to be certified meaning exceptional upside potential exists from exisitng projects as well as new areas. Our target is to add 1,000 PJ of gross 2P reserves every year going forward.