InvestorsHub Logo

midtieroil

06/29/16 8:29 PM

#316940 RE: Gremlin9999 #316939

Yeah but in this case the initial report was plugged and abandoned. That has a very specific meaning. Plus there is no indication of a flow test. There is no indication of an appraisal well. There is no indication of a follow-up exploration well. There is no excitement in Kenya from the government. The government is saying it was plugged. There is no excitement from CEPSA or ERHC. And there is no excitement in the market. Sorry but not a single earmark of a possible discovery exists. I wish it was otherwise.

mhslowly

06/29/16 8:49 PM

#316941 RE: Gremlin9999 #316939

Dry hole or tight hole, I am trying to get a handle on whether it matters much to ERHE at this point. Sounds to me like it may be the end of the line either way. Certainly there is no interest in this company in the market at this time.