ERHC Energy Inc (ERHE)

[Julius Erving]

Furthermore, the emergent price dynamics could foment a shift in investor focus from shale to the conventional resources in Africa.

After reading all the articles that I posted here yesterday, I can only conclude that Peter is right in the interview. At some point all attention will focus on East Africa even more.

(...) exploration work programs are contractually unrelenting and have to be continuously funded so as to keep the licenses valid.

So CEPSA will simply continue.