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Re: oil-cowboy post# 268685

Friday, 12/28/2012 12:11:35 PM

Friday, December 28, 2012 12:11:35 PM

Post# of 361037
Ok, so how do you explain how the JDZ could go from having appx 14 Billion barrels of oil to nothing but elephant farts? After 5 drillings they could not even come up with a million barrels? Why hasn't Sinopec released the blocks? Why hasn't ERHE filed a formal complaint with the JDA on Sinopec's stonewalling? How did they get the Chad and Kenya deals without money? If the rights offering fails how are they going to pay for Chad and Kenya? If it fails then any potential partners will just hold our feet to the fire until we lose 90% of our rights or they will just wait until we have to give them up and then scoop them up for next to nothing. I don't like unknowns. You sure seem to make a lot of assumptions. I deal in facts.

JDZ, home of the world's most evasive, Biogenicly gaseous, elephant herd!