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Re: Homeport post# 41549

Thursday, 04/06/2006 12:38:13 PM

Thursday, April 06, 2006 12:38:13 PM

Post# of 361816
Homeport, I don't think he was kidding...

I think it's that big. When CVX poked
into OBO 1 they poked at a bee's nest, and I think most of the nest is in blk 2.

It'll be ugly for a while, but as long as CVX/XOM FAILS TO get any blk 2 partners to back out of payment, PSC blk 2 will get ratified.

If we get a partner that backs out to stop ratification...

Well then, THAT would be a mess.

Payment to the JDA is the single-most important thing for ERHE and it's consortium right now.

Nothing else matters.


ERHC's share of JDZ oil; 1 billion barrels. Once proven, ERHE will be $10+. All we need is time and patience.

Nuf said.

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