ERHC Energy Inc (ERHE)

[Strategyone]

Unfortunately all these news clips keep stating ERHC. This is why ERHE is not popping up on the "news" alerts. I am guessing that ERHE will actually put out a press release that the stock might benefit from, LOL.

A few things I am curious about:

Sinopec deal with ERHE. How much % does ERHE retain with a carry? How much $ also?

Something not yet discussed: Block 4. ERHE consortium signed for 60% interest. Addax gets 33.3% and pays their share plus 17.7% of ERHE interest. This leave 9% uncovered but in ERHE control. Maybe they deal that to Godsonic like rumored but now it looks like ERHE may get something back in return. I was not expecting anything on that. Who knows, maybe ERHE surprises us and keeps the 9% and pays for that on their own from cash received from Addax and what they may get from Sinopec. Stranger things have happened.

Congrats all,

Strategyone