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Re: Julius Erving post# 241402

Wednesday, 06/22/2011 8:43:10 AM

Wednesday, June 22, 2011 8:43:10 AM

Post# of 361126
He also conveniently forgets about the report on Block 2 on the Sinopec website that said it found oil and gas and was commercial. Why ERHE has decided to ignore the operators website proclamation is beyond me. I have felt all along there was going to be an umbrella company to develop the whole JDZ. I think we are looking at the development stages of that action. Remember, if there was no oil found then why did they drill a third well in block 4 that was not on the original plan? They could have just moved over to the block that they share with Starcrest (OPL191)? and drilled there. The silence is maddening on this stock and the sp makes me want to bust something up but the fact remains that the assets have not changed, the principals have not sold (that we know of) and ERHE has added more people to the payroll that are well respected in the field. Something is up and we all know it. That is why we are still here. It is an excruciatingly painful wait but hopefully it will be worth it in my lifetime.

JDZ, the home of the worlds largest Elephant herds.