ERHC Energy Inc (ERHE)

[badog]

Doc...
I won't say they won't do more drilling...because I don't know. But neither does anyone else. It's easy saying one or the other...but there is no way we could prove it. That is what killed the sp.

SNP already shelled out $300 million...I don't care who you are that is not pocket change. So far it appears to be a loss...based on all info available. Unless there is data that shows a convincing story of commercial oil I am not so sure they will proceed. On the other hand, if there is data that shows commercial oil, then why haven't they proceeded already? Some say they need Totals help. Maybe so...I don't know. All I know right now is what they have said...biogenic gas...and 2 years of time extensions. Maybe you know something else.

This is why I think they need input from Block 1 to make their decision. You are welcome to believe what you want.

Badog