ERHC Energy Inc (ERHE)

[ERHClongtimer]

Thanks for posting, King. Especially like these paragraphs:

So ERHC’s plan for the EEZ is to find a partner that has a specialty in offshore exploration and secure a carried interest from that partner?

We are currently talking with several reputable companies. We can’t mention names because of confidentiality agreements in place and the fact that it’s still at a negotiating level. But we are talking with several companies that are interested in the EEZ – particularly Block 11.

These companies must have seen something that interests them?

Our preliminary studies indicate that there might be a significant cretaceous play in Block 11. Basically, we’re talking about something similar to what we’ve seen in the Jubilee Field offshore Ghana. That’s what our geophysicists have concluded based on the spot seismic that currently exists. There are definitely structures that they see, which form a cretaceous exploration play. So there are several parties interested based on what the preliminary studies show in EEZ Block 11.

http://erhc.com/articles/april-2014-discussion-with-ceo-peter-ntephe/

Explains why interest has focused on Block 11 over Block 4 at the moment. ERHC has a carrot to dangle in front of prospective partners.

Overall, looks like there will be no lack of potential news items for ERHC over the course of the next year and a half or two. Steady progress. - LT