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rjc2827

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rjc2827

Re: Julius Erving post# 37588

Wednesday, 03/29/2006 1:22:05 PM

Wednesday, March 29, 2006 1:22:05 PM

Post# of 361412
The only obligation ERHC has, as to making any payments, is to pay from “cost oil”. If there is a duster (no oil), then there will be nothing for ERHC to pay. If we hit oil, we win. If there’s no oil, there is no cost to us (and we still have our $45.9 million).

rjc

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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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