Replies to post #202037 on ERHC Energy Inc (ERHE)

[dest_golf]

oh great a news release from the company just as we started to make a move...happens everytime. go figure

[colowyo]

ERHC Energy's Vice President in charge of Corporate Development, Mr. David Bovell, said the company's deepwater will come on production between 2015 and 2020-interesting comment for the naysayers imo

[bobwill9]

well thanks a lot! "It is premature, especially as the results have not been released; to talk about not meeting expectations,,"

[amj23]

once again, they may want to put out the how before running their fat mouths and let their shareholders know what the h they are doing. this just takes the cake again.

[oil-cowboy]

Interesting Ruby! Wonder where were going to get all the capital to expand like that?? I smell a deal or JV coming. Way to ambitious for a company with a few dusters and 20 mil in the bank....lol.

Somethings coming down the pipe IMO>

Nice find.

[eliabby]

If this article is to be taken at face value, it does not sound like a company that is going to be taken over lock, stock, and barrel.

It also sounds like they plan on making a lot of money from the JDZ/EEZ and knowing that, that they can duplicate their current model elsewhere.(references to Cape Town)

It sounds like they are not going for one big score, but a big score followed by another and another etc... Just hope they can figure out some way to streamline the process so it doesn't take 10 years each time.

Batting avg. getting better or law of averages?

Posted by: oilphant Date: Monday, March 01, 2010 2:31:27 PM
In reply to: None Post # of 10196

News. ERHC looking outside EEZ&JDZ.

eliabby

[ELPADRINO]

Who is insinuating that drill results have not met expectations? Anyone of importance publicly? Can anyone expand on this comment? Yes, I realize that ERHC has argued against drawing premature conclusions, but that is a standard (and proper) reply to such a question at this stage. TIA.

"On insinuations that the results of the exploratory drilling in the JDZ have not been encouraging, the COO argued that it was premature to arrive at such conclusion."