ERHC Energy Inc (ERHE)

[Southern Man]

Hopefully, If Kenyan data is strong, CEPSA will rescue us with a new agreement beneficial to all, especially shareholders. CEPSA has plenty of funds available. If they think there is oil to be found and the case is strong, we have a chance, yes, I also think they may take all our assets. CEPSA loves good acquisitions. Ipic is an explorer.

http://www.bloomberg.com/news/articles/2013-11-19/abu-dhabi-s-cepsa-to-buy-coastal-energy-for-c-2-3-billion


http://www.ogj.com/articles/2011/08/ipic-acquires-total-sa-stake-in-cepsa.html

IPIC and Total also plan to expand their partnership, especially in exploration and production.