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Replies to post #194552 on ERHC Energy Inc (ERHE)

Replies to #194552 on ERHC Energy Inc (ERHE)
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RKT989

01/14/10 3:26 PM

#194557 RE: bayfisherii #194552

and this higher volume..with higher coming could be the Chinese..

Any stock bought below there buyout price saves them money and allows a higher buyout price..
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midtieroil

01/14/10 4:56 PM

#194581 RE: bayfisherii #194552

No I do not think SEO knows what is down there. I don't even think ERHE knows what's down there. ERHE has the well results but I do not believe they have the expertise or manpower to do the modeling and seismic interpretation necessary to really know what's there if it is an AKPO-type field. If SNP doesn't have a dozen or two people working on this full time, I'd be surprised. ERHE simply does not have that kind of manpower and the expense to hire consultants to do that work would be enormous. In short, ERHE and SEO know what SNP tells them and not much else. That is my belief.