wharf, page-24

westhx,

The sky is falling, you better sell.

Unless you are mistaken fear has crept up on you and the pressure is far too great.

Don't blame the new board for the falling SP. They are doing their best in the way that they took over to fix what was an utter mess left by the old board. The review and new additions to the board are a necessity to be done and know what the state of the TRUE affairs of EGO are.

Do you want them to carry on in a half cocked manner of not know what the real worth is to proceed with business that may not be justified through the forensic investigation being done in the present moment.???

How many of the permits that are held may be baggage that can be sold off to raise something in the way of capital needed or do we hold and keep wasting money on them for many moons to come like the old board has done already.???

Blame them for no communication that doesn't suit you and others because you deem it inappropriate the way it has to be done to get the real picture of EGO. You are talking of a major SHER and a JV partner that has concerns on the books of its past holders. They don't know what they can do until the time it is sorted out and I doubt as reputable as they are is a call for the leaky boat statement or for the 20M dump today. It could have been sold off for any reason other than the upcoming quarterly.

1st thing you blame is by conspiracy of a professional board doing its best to unravel the mystery of a long dark past and then you have not been updated on proceedings to your likings.

If you want the best for what you hold then let them finish off whats necessary to be done before another step can be taken forward. If this agenda doesn't suit your criteria, don't come here inciting accusations and statements that are not in the best interest of the forum.

With the audits and reviews being done now will precisely put EGO on the front foot of understanding whats what and where to go from here. Do you want them to raise more and dilute further the registry that's already blown out and cripple the SP further in the future.???? May not need to CR or SPP if the new board are not scared to raise equity by other means.

I would far better consider to let them finish off, know the real story of their investigations and do whats necessary to go forward in an uninhindered manner.

I really believe that once the current business is sorted out there will be that much activity happening it will be non stop. ERM want the gas as much as the SHERs do to get the real benefit of its value. New drills, seismic, pipelines to come and more gas plants when the gas, oil and condensate is found throughout the leases held.

The new board and ERM will not $#@% this up or stall for time like the old board did. Endure the pain now and truly reap the rewards later with a clear run and a clean slate.