Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

ERHC Energy Inc ERHE

ERHC Energy Inc. is an oil and gas company. The Company is in the business of exploration for oil and gas in Africa. The Company's business includes working interests in exploration acreage in the Republic of Kenya (Kenya), the Republic of Chad (Chad), the Joint Development Zone (JDZ) between the Democratic Republic of Sao Tome and Principe (STP), the Federal Republic of Nigeria (FRN or Nigeria), and the exclusive economic zone of Sao Tome and Principe (the Exclusive Economic Zone (EEZ)). The Company has a Production Sharing Contract (PSC) on Block 11A with the Government of Kenya. As of September 30, 2016, the Block 11A consisted of 11,950.06 square kilometers or 2.95 million square acres. As of September 30, 2016, the Company had a PSC on the three oil blocks with the Government of Chad. As of September 30, 2016, the Company had 100% interest in the Block BDS 2008 in Chad. As of September 30, 2016, the Block BDS 2008 measured 41,800 square kilometers or 10,329,000 acres.


GREY:ERHE - Post by User

Post by farml1234on Feb 15, 2023 1:49pm
88 Views
Post# 35287942

from another board

from another boardI’m not sure what accusations in my post you are referring to. I think you are referencing the fact of short sellers of Erhe being very nervous about Galps latest positive report on blk6 EEZ. So I’ll expand on your question of concern. Galp stated that Jaca1 was a HIT with a working petroleum system and after 65 tries in the area it is a successful Hit and it is now considered a Diamond along with their other Diamond find in Nambia . Galp stated they are prioritizing these 2 Diamonds and are looking forward to derisking more of this working petroleum system in the EEZ. This is Extremely good news for longtime investors of Erhe obviously because of the 100% ownership of blk4 EEZ and this new information should make those that bet heavily for the failure, revocation and bankruptcy of Erhe VERY NERVOUS. Hope this helps.


jmho
<< Previous
Bullboard Posts
Next >>