ERHC Energy Inc (ERHE)

[midtieroil]

I believe the agreement is real. But I'm not sure it means much. IOC apparently paid nothing for a right of first refusal and ERHC got the right to put out a positive PR. I'd put the chances of this resulting in an actual contract at no more than 50%. That's a whole lot better than 0. Drilling is years and years away so upfront money is the only thing that matters to me.