ERHC Energy Inc (ERHE)

[tryoty]

"ERHC selling it's share of the straddle"

I'm not convinced of this. There would be only one viable buyer. Chevron and Exxon wouldn't mess with us unless they were buying Sinopecs share as well, and there's NO WAY Sinopec is letting go of ANYTHIN in blk 2.

So the only possible buyer that wouldn't upset the JDA is Sinopec buying ERHE's stake in the straddle.

I say we sell it to them, but only if the bump our percentage of the field on the other side of blk 2 up to 50%