ERHC Energy Inc (ERHE)

[midtieroil]

All of that is complete BS IMO. Competitors are smart enough to understand these tactics and they have full access to all of the seismic data. They know pretty damn well what was discovered and what was not. The competitive advantage of refusing to announce drilling results is minimal. Competitors still would not have the well logs which is what is really needed to have a real competitive advantage. ERHE is using it as an excuse.

I think the real problem here is that SNP has zero respect for ERHE and the two-bit organization and management they have put together. I really can't blame SNP because I have the same opinion of them. If ERHE had a competent technical team that could add to the discussion and the knowledge base they would be a part of the process and would have some respect. Instead they add nothing and are just looked upon as a bunch of clowns trying to be oil people.

IMO that is why we are getting no info. It has nothing to do with competitive advantage and it has nothing to do with wanting to buy out ERHE or the other smaller companies. It has to do with competence and the lack of it.