[Acpc-l] Grab this Hot Oil Play
Rocky Cortez
Rocky Cortez" <ksces@dailystar.com.lb
Mon, 11 Oct 2004 14:08:50 -0200
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Wall Street Oil Report<br>
Soaring Oil Issues For Immediate Profits
<p>All-time record highs for oil are padding oil company profits.<br>
Focus your attention on ERHC - Joint Ownership of Offshore Billion <br>
Barrel Oil Blocks with ExxonMobil, Joint Venture Agreements with <br>
Major NYSE Oil Leaders!</p>
<p>Grab this HOT OIL PLAY with guaranteed Billion Barrel Blocks being <br>=
awarded within days.</p>
<p>Environmental Remediation Holding Corp. OTCBB - ERHC</p>
<p>Current Price .40</p>
<p>Target for October 1.25</p>
<p>What is an oil stock worth with guaranteed preferential rights to <br>
billions of barrels of oil in the hottest offshore zone in West <br>
Africa? Oil prices were pushing through $40 just 5 months ago, now <br>
the $50 barrier has been shattered. Read the headlines lately? Oil <br>
prices are expected to continue climbing.</p>
<p>Serious attention has turned to a group of 9 offshore oil blocks in <br=
>
West Africa where Schlumberger SLB-$69, the world leader in reservoir <b=
r>
imaging services, has validated recoverable reserves at over 14 <br>
Billion Barrels. This is worth Hundreds of Billions no matter what <br>
formula is applied. This would explain why ChevronTexaco and ExxonMobil =
<br>
paid over 120 Million to win operatorship of Block 1.</p>
<p>ERHC has very strong percentages of 6 of the remaining blocks to be <br=
>
awarded along with ExxonMobil and 2 other NYSE super-majors that have <b=
r>
partnered with ERHC. ERHC has signed a partnership agreement with <br>
Pioneer Natural Resources PXD-$35 in Block 2, and Noble Energy NBL-$60 <=
br>
in Block 4. Estimates amongst the international press covering these <br=
>
events point to ERHC and their respective partners capturing between <br=
>
50% and 75% of both Blocks 2 and 4. The awards for these blocks are <br>=
expected to be finalized any day. The value of these awards in <br>
conjunction with international press coverage is the sudden impact <br>
needed to set ERHC shares on fire!</p>
<p>Any oil issue with events of this magnitude in today's climate is going=
<br>
to fly. Read the press for additional confirmation of what is at stake. =
<br>
ERHC's rights have been exercised by the Company and are guaranteed. <br=
>
ERHC's partnership agreements with oil super-majors are iron-clad. <br>
Investors must act quickly to accumulate a substantial position just <br=
>
before earth-shattering news is released that will send shockwaves <br>
through ERHC.</p>
<p>DISCLOSURE: The information and opinions in this featured profile are <=
br>
based on sources believed to be reliable but no representation is made <=
br>
to its accuracy or completeness. Past performance is not an indicator <b=
r>
of future results. This report is a paid profile for information purpose=
s <br>
only and should not be used as the basis for any investment decision. <b=
r>
The publisher has been compensated ten thousand dollars for the preparat=
ion
<br>
of this profile and for continuing coverage of the featured company. The=
<br>
publisher is not an investment advisor and this profile is not to be <br=
>
considered investment advice. This information is neither a solicitation=
<br>
to buy nor an offer to sell securities. Information herein contains futu=
re-<br>
looking statements that are subject to significant risks and uncertainti=
es.
<br>
There are no shares presently held and no participation will occur in th=
e <br>
trading of shares in any profiled company.<br>
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