InvestorsHub Logo

Nightdaytrader

06/21/08 1:25 PM

#132666 RE: RubyMartin #132665

RubyMartin, Addax said same thing back in early May...

ND9
**********************************

Posted by: Nightdaytrader Date: Saturday, May 10, 2008 10:45:24 AM
In reply to: oil-cowboy who wrote msg# 128229 Post # of 132665

Jean Claude said that Addax is keen to buying alot of companies however, not all the companies are ready to sell. He needed to find out which ones wanted to "marry" with Addax.

He also said they are interested in two types of acquisitions; Corporate business and acreage (I think he said acreage, his accent was strong, and although I listened to audio a couple of times, I still wasn't 100% sure of word used).

He also talked about CIS (former Soviet Union states) acquisitions being longer term....

He said this a couple of days ago, when they reported Q1 earnings.

ND9

rufisque

06/22/08 4:34 AM

#132710 RE: RubyMartin #132665

Ruby,

ERHE recently hired a number of Russians. I wonder why........

ERHE: long & strong.