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gasman48

09/20/09 10:29 AM

#179981 RE: RUBY1100 #179977

I am really puzzled as to the lack of volatility and paucity of rumors at this late stage. ..other than oilys vague statements it is really quiet...no claims of gushers or dusters at this critical time
e I am really surprised. How about you?

Rapp

09/20/09 1:32 PM

#179990 RE: RUBY1100 #179977

RUBY1100: Your post was interesting, informative and most of all you discussed only the subject, ERHE, its past and potential future. You gave a short history of where we were and what we accomplished to achieve the rights we now enjoy.

If it were not for ERHE and SEO, this whole process we are witnessing might never have taken place in this generation. Let us give credit to our company and the one person who accomplished this great feat, SEO.

Now that the cheering is finished it is time to take count on what we have to look forward too. Many investors new and old are not sure as to how this whole situation will pan out. Some are under the impression we sell and others like myself believe we work deals and continue as an entity. Some sort of entity with or without the JDZ would be reasonable as long as we are receiving royalities from our blocks being drilled. Do we consider the EEZ as our next ERHE area of endeavor and increase our percentage in that zone? We would not know until the seismic being undertaken at this time is evaluated.

How are we going to get the finances to invest in the EEZ, very simple, from our partner who ever that may be. How are we going to get a partner to invest with us? By offering part of our two 100% and two 15% as our entry fee. That way we will have a much larger stake in the EEZ and have a partner with the funds to drill. It could happen only because we could have the potential right man at the helm to lead the way. If I only knew what SEO was thinking I would have the right answer to give all members. Right now I am in the same situation as everyone else and hope for the best conclusion. OMO. This board, which is great for the average investor was presented with many options to be taken by ERHE in answering that situation. Time will give us the answer to all our questions, so let us wait and see. Some will and some will not be here for the final answer. Good luck to all.

Rapp jr