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Bullboard - Stock Discussion Forum 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... see more

GREY:ERHE - Post Discussion

ERHC Energy Inc > from another board
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Post by farml1234 on Feb 15, 2023 1:49pm

from another board

I’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
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