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emdyal

12/31/09 11:19 AM

#192501 RE: amj23 #192495

"That is how you grow and manage a company. "

100 % agree . We are not likely to get a 7 X up on one announcement. Obviously they have little concept of "how to grow and manage a company ! " If they think it is done by being complicit with Sinopec in an agenda of "secrecy" its impossible to guess where they have their heads .
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wcamom

12/31/09 11:50 AM

#192503 RE: amj23 #192495

send it to them...surely by the shm they will have released results...if not...i also feel sure they will catch hell at it.
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Stay the Course

12/31/09 12:57 PM

#192508 RE: amj23 #192495

AMJ23: You are exactly right - there are these here who have often been there in operating oil company deepwater exploration and field development planning, and easily see through the "crock of "management"" of Peter N at ERHE.

AMJ23: It would be enlightening to many to see just how widespread your assembly of data on exploration result PRs really is, and would guess if is far far wider than the few examples I cited yesterday.

Amazing how this outfit still does not have a board of five or seven directors with serious oil industry E&P people. Instead we have management via Offor's "lackeys and running dogs" (how do you like that old Chinese communist expression, LOL?)

Julius Erving caught on with his comments on "provisional results". They have had a pretty good idea for some time.

Midtier wonders about management's intelligence. But they are intelligent individuals. One cannot expect too much in the managemente of a penny stock holding company like this. But one can expect a modicum of competence and credibility, sort of like their peers.

I think reading this board that many are facing the dilemma of holding this stock with good assets and upside but being stuck with lousy management. All IMHO.......

Circumstances certainly are in place for a buy out of these assets and their development under skilled management.

HAPPY NEW YEAR YOU ALL
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midtieroil

12/31/09 3:17 PM

#192526 RE: amj23 #192495

Yeah ERHE somehow trying to convince us that waiting months and months and months and months for drilling results is "normal" is truly pathetic. They even went to the trouble of finding other companies that were equally derelict in their duties to shareholders and tried to claim those were also the "norm". I guess they just accidentally glossed over the thousands of well results that were published on a timely basis in favor of those that weren't.