ERHC Energy Inc (ERHE)

[Curious62]

Midtieroil ....I think you are right, no one was expecting to find biogenic gas. Why would you then want the company to not disclose such extraordinary (surprising) results? On the one hand, you fault them for disclosing the discovering biogenic gas while at the same time believe they are withholding the discovery of thermogenic gas and/or oil. If they are doing as you suggest, they could be easily be found out and prosecuted. The selective release of information could certainly leave them open to charges of stock manipulation, which is what I believe many here already believe.

Assuming the news releases are true, the discovery of biogenic vs thermogenic gas has important implications on the future exploration strategy and commercial value of these blocks and I believe deserves to be mentioned, for better or worse. I wish they had announced the discovery of billions of barrels of oil; unfortunately, it hasn't happened yet.