ERH eromanga hydrocarbons limited

continuous disclosure

  1. 8,389 Posts.
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    sorry not sure who posted regarding companies, by law, having to disclose good/bad news as it happens.

    riddle me this batman ...... from the 'update'

    3) Silver Marlin Oil & Gas Joint Venture On-shore Brazil
    Reconcavo Basin, Blocks 59 and 138 (ERH 50%)
    Drilling commenced at Block 138 to a depth of 850 meters before the operator Silver Marlin halted operations. A dispute over the contribution of each party to the drilling costs has not been resolved. THE REGULATORY DEADLINE TO COMPLETE THE WELLS IS BY 12 JANUARY WAS EXTENDED FOR 80 DAYS by the ANP, Brazil’s oil industry regulator.


    Now, can you tell me what 12 January, plus 80 days is? where are we now? enough said. i take it all back if i have missed the announcement saying "ERH loses tenement" or "ERH get's further extension".

    They have been very quiet on the problems they are facing with operators and previous wells by diverting attention to the 'new' wells. So what's happened to 59 and 138?
 
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Currently unlisted public company.

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