Replies to post #318072 on ERHC Energy Inc (ERHE)

[midtieroil]

Honestly I don't think ERHC management knows what they are doing. Degrees do not equate to real world oil and gas experience. This company was a no brainer had it been managed correctly. It wasn't. And they have never been held accountable for anything. Sad but true

[emdyal]

No argument here. Also what you say is not exactly a revelation ! Been more than obvious for a long time now !

[midtieroil]

First ERHC said they were a non-operator. That failed so they switched to being an operator and said they could do the work themselves. Now nobody knows what they are. Non operator or operator seems to not matter. Neither has been managed well from a financial, operational or legal perspective. I'm not buying that they can manage anything because so far they haven't.