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Re: ssc post# 293532

Wednesday, 11/26/2014 11:45:58 AM

Wednesday, November 26, 2014 11:45:58 AM

Post# of 362774
It's in the 10Q. Check it out yourself:

Exploration Term

During the quarter ended, June 30, 2012 the Government of the Republic of Chad issued an Exclusive Exploration Authorization (EEA) to ERHC in respect to the three blocks covered by ERHC’s PSC in Chad. The EEA authorizes ERHC to undertake oil and gas exploration operations in the Chari-Ouest III, BDS 2008 and Manga Blocks in Chad, which are covered by the PSC. The initial period of exploration of these blocks commenced on July 12, 2012 with the publication, in the Chadian Government’s Gazette Principal, of the Exclusive Exploration Authorization, granted to ERHC by the Government of Chad. The initial term of the Exclusive Exploration Authorization is five years and can be renewed for three more years.