Replies to post #178364 on ERHC Energy Inc (ERHE)

[dbernet]

Balance,

If it turns out to be C, and drilling results are at risked or better, then 10 or greater comes into play?

db

[mz157]

e) none of the above. IMO

[MIKE2OO5]

and you are? (just joking balance) but as we all know from one of our favorite posters NOBODY KNOWS NOTHIN!!! But I do agree one day we could be sold, or WILL be carried to first oil, either way is a win for all of us....

[walldog0]

Once China knows there is Sweet Light Crude in....

commercial quantities, then ERHE is sold!, China is starving for this type of oil, it will see them thru until they can build additional refinery capacity that can handle Mid Eastern Sour Crude...imo

Carrying ERHE just doesn't jive with China's, spending its USA $$$, for assets around the globe.

[sneak-attack]

BB: I know the following post is history with the AXC sale to SNP, What in this report would make SEO sellout early?

http://www.raymondjames.ca/rjl_marketing/dotca/en_CA/Equity%20Capital%20Markets/Equity%20Research/Sample%20Research/Sample%20Research%20PDFs/InternationalOilGasReport061608.pdf


looking forward to your viewpiont
Sneak

[doubleaa]

C
"o)
AA

[nh]

C gets my vote. It leaves a speculative 'gap' for both sides to jockey with and gives SEO his best possible upside: part proven in the best 2 blocks, part gap. If these first two blocks are home runs then the gap is even more interesting. If the first two blocks are average or lackluster (which I doubt), then there is still the gap. It would be interesting for the board to come up with some options and take a vote.

[midtieroil]

You've been wrong on your buyout theories for years. You've been crying wolf for what seems like an eternity. I said no deal before drilling. I was right. Now I say no deal until drilling results of 5 wells are known by all parties. We will see who is right this time.

[Opus X]

BB, Door C, please...based on the intersection of SNP's strategy in the JDZ with their treasury of cheapening U.S. $$$, with a bid closer or on SEO's $10/share, with increasing pressure in Nigeria "to monetize" ERHE, with finally some better definition of the oil that lies beneath that all can hang their hats on.

Opus X

[oil-cowboy]

(A) Please! 5$+ and never look back!

Cheers.

PS- Hope everyone had a great weekend.... especially the rig crews!

[littleBitmoore1]

I vote "C" I think Sinopec or other perspective buyers will know how to value based on one or two wells. Just my opinion, fwiw.

lbm1