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vineseeker2

10/06/09 1:29 PM

#181487 RE: Art2004 #181485

Has anyone calculated how much this stock would payout if SEO just decides to keep his shares and sit back and collect the revenue as it comes in? It comes to mind that ERHE could just function as a conduit, collocting oil revenue and paying it out to shareholders and not trying to be anything else.
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Art2004

10/06/09 1:35 PM

#181488 RE: Art2004 #181485

OOps, apparently another source is saying that the DP has moved on to Lemba in Block 2. And the Sedco has completed its drill hole in Block 3.

Dan K did sound definite though........

To be continued........
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jsc52033

10/06/09 6:56 PM

#181548 RE: Art2004 #181485

art that says 1 of 2 things. They are going to the basement to explore all stratas, or there was a problem as reported earlier. IMO they had only an gas kick and now want to do a test of lower levels as all above came in with some positive questions which require a deeper study especially for the next wells. These are exploratory wells Gathering information is the main topic. JMO