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Re: LowFloatGoat post# 46879

Tuesday, 04/25/2006 8:13:50 PM

Tuesday, April 25, 2006 8:13:50 PM

Post# of 362331
LowFloat--That is a fascinating idea, ie, ERHC negotiating to get a % in blk 1 from CVX. I'm not sure though that the JDA will approve as I don't think, atleast during the bidding of round 1, due to the % interest of XOM, ie more than 40%. But the dynamics have certainly changed since then and maybe different rules apply now.

Good post!!!