ERHC Energy Inc (ERHE)

[condor1]

Another indication that there will be no farm in. They "threw" a first right of refusal at an IOC. The IOC, after having a six month opportunity to move forward, opted NOT to do so. In the EEZ....

Kenya...no farm in.
Chad... no farm in.


Result... more CDs... into an already loaded 2.618 billion O/S.

Nine months until drilling in Kenya.

Time period before O/S reaches 3 billion.. a month or so.

PN..all in.
SO... all in.
Offor ?????? CD immediately converted and??? Further CDs???? Not