Replies to post #213833 on ERHC Energy Inc (ERHE)

[Julius Erving]

"Sao Tome currently depends on its cocoa industry for the bulk of its revenues but expects to become a commercial oil producer within eight years."

These people are worse than we are: they still expect to be a commercial oil producer, when only biogenic gas has been found.

"Naive" is an understatement? What a bunch of dreamers...

:P

[ac hotfries]

I don't think RWE is capable of being an operator, but as a partner in a block, they would bring some deep pockets. Would they be interested in bringing stp gas to europe?

-ach

[ponzi_implosion]

Here's one answer to the commerciality question

".... Sao Tome and Nigeria share a joint development zone where exploration activity is ongoing but where commercially exploitable reserves have yet to be discovered...."

Regards

P

[Homeport]

Thanks, Kingpin, for sharing that upbeat news x-STP. Haven't been able to do my own media scan recently, so was very pleased to see the Reuters intrvu with ANP's Prazeres.

Good day,
HP

[Digdeepforsweet]

WE don't see or hear of this...


Sao Tome and Nigeria share a joint development zone where exploration activity is ongoing