ERH 0.00% 2.9¢ eromanga hydrocarbons limited

Erh has had its problems in the past, with the basement in 430...

  1. 480 Posts.
    Erh has had its problems in the past, with the basement in 430 an example, which will be retested. Oil extraction is a complex game, with 100's of different techniques that are used. Most people im sure understand this, and except the risk and reward scenario. I'm sure people would feel more comfortable knowing now the company in sitting on two significant resources in 330 and 430. I know i am.

    When 330 was 7mmb, the estimated worth to erh was a NPV of 34 cents. What does minimum 16mmb mean now? Lets not forget 430. We are talking some exciting times to come

    Phil, John and the rest of the team should be congratulated on this success.
 
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Currently unlisted public company.

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