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Krombacher

01/26/12 12:37 PM

#252419 RE: kingpindg #252416

Ok, if that's the case, then I withdraw all of my comments on my last post. LOL.

Krombacher
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midtieroil

01/26/12 1:14 PM

#252424 RE: kingpindg #252416

IMO ERHC is now advertising through several of the brokers of farm-in deals and they also have opened a real data room. I consider this a positive, not a negative.

I have a much better chance of selling my house by listing it through the MLS service than I do selling it myself. Same concept here.

The question is how much data is actually available. There is very little seismic in either Chad or our EEZ blocks. I wish ERHE had the money to do seismic before the farmout because it would greatly increase the value. Unfortunately, they don't.