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amj23

04/20/10 12:36 PM

#210463 RE: ajaxxx_99 #210459

the jdz results have nothing to do with EEZ awards. The EEZ is so far down the road, it is irrelevent to anything in the near term.

You cannot as a public company, say , we are waiting on this , then that, oh and maybe we will wait on this news. then we will put it out. The law states "a timely manner".

just like, where is the pr on the extension? what extension? made up bs from fishwrap newspapers from the "sources". or is there one? they could be drilling right now for all we know. nothing would surprise me at this point.
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Jim Long

04/20/10 1:13 PM

#210474 RE: ajaxxx_99 #210459

ajaxx_99,
I think the answer to your question is in what someone posted this morning relative to the Communist Chinese Central Government providing instructions to oil companies to not bid against each other. The poster said, and I hope I am quoting this correctly, the situation (focus) has gone from company to country. No truer words have been spoken.

The benefit to hold the drilling numbers may be none to SNP but they may have tactical relevance to CCCG. These people are coy and I DO NOT TRUST THEM. As a matter of fact, I would be more likely to buy stock in a Nigerian company than a Chinese company for that very reason, i.e. central control. SNP is a puppet! That puppet is our operator/partner in 3 JDZ blocks. As I have said before, the puppet totes our water. So what does that make us relative to having any independence and/or freedom?

Someone (emptynester1) wisely suggested that ERHE would be wise to partner with Total in the EEZ. I agree with that for one block and hopefully another large oil company for the other EEZ block. The JDZ shackles are strangling us. We went from three operators to one and from some sense of flexibility to none. You couldn't make this stuff up in a fiction novel.

Jim