ERHC Energy Inc (ERHE)

[ponzi_implosion]

The proof is in the pudding and so far they have not announced commercial viability or a large oil find. Posters can argue back & forth and post all the statistics and guesses they want, but without a willingness to announce results good or bad, all the talk is just that..talk.

Why is is that the company does not say that "..the Bomu 1 well of gas rather than oil was disappointing.."? Accordimg to the company only the operator can release results and yet results on the Bomu 1 well are apparently public knowledge, why is that?

I've said it before, and I'll say it again. The odds are that the drilling results are marginal at best and that the operators are looking long and hard at whether or not to proceed. If the results were slam dunk and a gusher had been hit the operator would likely have proudly announced it at once.

Regards