Replies to post #188199 on ERHC Energy Inc (ERHE)

[redinvest]

Thanks, Spp119, good information. Red em

[snayeman]

yes, i understand that with positive drill results alot of things would be possible, but at this point we don't know for sure and until we have something from the company stating as such i don't think it's a given regardless of some of the rumors. Like i said in one of my posts that i hope this is all tied to positive results, but once again we are left to speculate!

[mccir]

spp119, I see service companies own well testing companies, oil companies purchase there services they offer. I don't know of any oil companys any that own well testing companies. While working for oil companies and oil service companies I never saw the two overlapping.

Oil companies own oil leases and produce and explore those by purchasing the services of oil service companies.

mccir

[amj23]

You cant possibly believe that erhc is going to run any fields, you covered possible financing, but as stay the course pointed out, who in he** is going to run it?

I have no faith in erhc to run anything. we are an oil trust of JDZ and EEZ assets. Nothing more and never was meant to be. IF we were ever to be a real oil company, we would have hired a real oil team years ago. We have been treading water with our lawyers and our put in place management and bod, nothing more.

We cant even find a third bod member in 6 months? come on, you know why? we dont need him.

this marginal field bs is a legal necessity, nothing more. imo

they just need to put a hell of a lot more pressure on the JDA to get our drilling news out with or without SNP. Now thats the way to force a chinese hand, but i suspect they know that.