ERHC Energy Inc (ERHE)

[walldog0]

The one advantage ERHE does have.....

which could speed things up on developing the blocks they are in,...is China's thirst for sweet/light/crude.Both the USA and China need this type of oil, because most of their refining capacity (especially China) is geared toward the sweeter grades.

I doubt XOM/CVX are interested in fast tracking...but China is,imo....and the bids placed in blocks 2/4 were stipulated as fast track bids.

I never expected XOM/CVX drilling program to have any effect on ERHE's share price, and I still don't expect it to.

Sir Emeka Offor and crew, will be the first to pump oil in the JDZ....and it will be fast tracked,imo...because Addax and Sinopec want it and are obligated by contract to do so.