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Microcap & Penny Stocks : Environmental Remediation Hldg Corp. (ERHC)

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To: SnakeInATuxedo who wrote (382)6/5/1998 5:36:00 PM
From: Jeff Williams   of 671
 
C.L., et. al. -- I sent one response to your post, but it never made it to the thread, lost in cyberspace I guess. I want to thank-you for sharing the news in your last post.

I think SLB coming on board will do a great deal to increase ERHC's credibility in the market place. They could not have made a better choice.

The lease area is roughly 800 square miles, or approximately the size of Washington, Oregon, and Idaho together!!! Needless to say, an area that large can hold a lot of oil.

Does anyone remember what percentage of the lease sales will flow to ERHC and their JV partner? I vaguely remember 40%, but I'm not sure.

Obviously great news. They are really moving forward on this project. I have to think with this under their belts, financing cannot be far behind.

Thanks again, C.L.

Regards,

Jeff
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