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midtieroil

10/06/12 1:26 PM

#265875 RE: brez63 #265874

I am NOT being negative. I am explaining the situation as it is instead of explaining it like many would like it to be. I think there is a very good chance of ERHC discovering oil in Kenya. Does that sound like a negative statement to you? What I refuse to do is pretend that this is a sure thing when we have not identified a single lead or a single prospect in our block yet. We are in the earliest stages of exploration in Kenya and the hype is already out of control. Do some seismic. Develop some leads. Turn those leads into prospects through geologcial analysis of the seismic. Get internal and 3rd party verification of the potential resources. Then and only then can anybody start to talk about this in sensible terms. I don't believe over-hyping ever helps.