Most of the minor players, especially the non carried minor players, will be bought out. Any major release of positive info raises their value of course. I think perhaps Sinodax may just be keeping their future costs down.
Big company though, maybe Krom can pry some info loose. If not, they have to answer their deadlines for phase 2.
It sure seems that way.....then when you couple up with the bigger dots as they say, deep sea port in STP by the French, Total's move into Bloc 1, it almost fits that true information/decisions/actions have been slowed down to get all these bigger pieces in place.
I'm trying to to NOT get my hopes unrealistically high this week, but I do expect some positive news for all ERHE shareholders this week.
I believe back in 2006 a CVX official was quoted as saying that Obo-1 discovered oil, but it was not a stand alone commercial find. Also, back in 2006 Upstream reported that Obo-1 found 100 million barrels of oil. I don't recall any mention during that period that it was only gas. The speculation back then seemed to revolve around the pr saying "at least 150' of net pay".
News 
Market Data 
Discover 
AI
