ERH eromanga hydrocarbons limited

The company Hierachy is awaiting a work over rig to confirm flow...

  1. 130 Posts.
    The company Hierachy is awaiting a work over rig to confirm flow rates. The directorship are being dilligent. The well is expected to hold 50 million barrels they hold 40% which equates to ERH holding of 20 million barrels plus the 5 million barrels with the 330 well. We dont have to be a genius to work this out on a capitalisation basis to the company. The company only has to confirm the well flows. Why would'nt flow if all the surrounding wells do.
 
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Currently unlisted public company.

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