Buy Signal
[email protected] Fri, 19 Apr 2002 17:37:23 +0800
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SP ECI AL SI TUA TION ALERTS NEWSLETTER HOT PI CK OF THE YEAR
Environmental Remediation Holding Corp.
(d.b.a. Chrome Energy Corp) (OT CB B:
ERHC)
RECENT PRICE: $.20
SELL TARGET: $1.25
INVE STORS: WE HAVE FOUND THE HIDDEN GEM: (OT C BB: ERHC) The IMF (International Monetary Fund) states in a world wide published report [February 2002 IMF Country Report No. 02/30 (page 10 of 82)] that ERHC's working interest in their offshore West African oil blocks will generate $ 1,446,800,000 in cumulative income over the next 22 years.
The IMF provides this evaluation to its 183 Member Nations while promoting international monetary exchange and fostering economic trade and growth with an arsenal of $ 272 Billion!
Do w Jones Ne ws: ERHC enters into joint-ven ture license agreements with Schlumberger LTD (NY SE: SLB, $53) and Ba
er Hughes, INC. (NYS E: BHI, $34) for seismic data on some of the ric hest offshore oil blocks in West Africa, where ERHC controls a huge working interest.
In vest or Al ert: ERHC's joint-venture with SCHLUMBERGER and BAKER HUGHES puts them in world class company with these leaders in oil exploration and reservoir imaging services. The involvement of SLB and BHI reinforces the MULTI-BILLION DOLL AR VALUE that has been placed in this offshore drilling haven. ERHC's goal is to maximize shar eholder va lue from existing contra ctual rights, making them a significant player in this region.
THE BIG MO NEY ROLLS IN: The seismic data from this joint venture is being made available for further involvement by the LARGE ST OIL COMPANIES IN THE WORLD over the next 2
w!
eeks! Bidding wars have already
developed between major oil companies such as: SHELL, CHEVRON/TEXACO, CONOCO, EXXON/MOBIL, PHILIPS, and MARATHON who are willing to pay Hundreds of Mill ions to drill in the oil blocks that border on ERHC's offshore zones.
ST OCK SET TO EX PLODE ON EAR NINGS BOOM: "UPSTREAM", the International Oil and Gas Newspaper considered to be the equivalent of the "Wall Street Journal" for the Oil Industry, has stated in a number of articles that EXXON/MOBIL believes that the oil blocks "housing ERHC's working interest" contain over 8 BILLION BARRELS OF RECOVERABLE OIL
TA KEOVERS RUN NING RAMPANT: Oil Companies of all sizes have been the target of significant merg ers and takeov ers during the past year. Many of these tak eovers or bu youts have occurred due to the value of the acquired Company's offsho
r!
e oil holdings in West Africa. O
e such example is Marathon Oil (NYS E: MRO, $28) paying $900 MILLION for the West African holdings of CMS Energy (N YSE: CMS, $23). We believe that ERHC and/or the Company's offshore oil interests could be the next target of a takeove r. This is largely because of their exclusive right to participate in exploration and production along with OIL INDUSTRY GIANTS, as these oil blocks are adjacent to Billion Barrel producing regions!
Global St ock Participation - On March 27, 2002--Chrome Energy Corporation ("Chrome") (OTCBB:ERHC), announced that its common s tock has been approved for listing on the Berlin Stoc k Exchange in Germany. The Berlin St ock Exchange is the leading stoc k exchange in Europe for dual listings with over 6,000 American companies listed. Chrome's common stock began trading on March 28, 2002
Special Situati
o!
n Alerts' Newsletter offers
valuable research for serious investors with our Hot Pi ck Of The Year - ERHC
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