GREY:ENGFF - Post by User
Comment by
bazilfawltyon Jun 10, 2009 1:32pm
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Post# 16059055
RE: Looking Down
RE: Looking Downwell similar events happen to lots of minnows...I have waited 8 yrs for this day or really yesterday(but didnt know anything then)for ERHE..OTC to finally pr their drilling and......well you know....now I am happy!!!!Point being "talk about a tight hole?Chevron put the kbosh on any info from Nigeria/sao tome...joint development zone now for 3 yrs.They know whats down there and Addax axc.t and Sinopec SNP...are going to drill 4 to 7 consecutive wells with the Deepwater Pathfinder...sister to the deepwaterdiscovery that WE here at ENG had drilling for us.They are a-one drillers with great Vessels.
The point of all this is That even after 3 yrs of tight hole with Chevron...NOW WE at ERHE are on our way to greatness.THIS can happen here as well.Its each of our decisions to make..I know MY wait with ERHE..will negate all my other ventures good or bad...SAME can Happen here......The oil is there!!!!!!ALL along the West Africa/East South American Presalt ..pre contanental split.
I know Ill wait for this play ....but likely it will be worth it.....patients pays off...and doesnt trigger Capital gains taxes...LOL
Baz
best to all(sorry about the mentioning of that other minnow)