ERHC Energy Inc (ERHE)

[balance_builder]

Bskjohnson, as usual, great points to ponder from your post. If Nigeria's next presidento is the current VP, there is a strong relationship between himself and Offor. Putting a "home team" in the Niger Delta could work toward eliminating all the serious problems in this neighborhood. Of course, some of the money will have to go to the locals to truely make it work.

I would think, however, that SNP would be itching to take a large stake in this co to keep it more under their wing....and few could keep up with the $$$$ they can bring to the table AND will bring to the table to secure their countries security.

STP wasn't immediately fond of allowing Addax into block 4, but that could be the result of APC's prodding for the acreage.

Very good point that the current acreage (JDZ and STP EEZ) could keep drillers busy for the next 10 years. A beautiful thing in the JDZ where 50% of their costs are recooped.

Your comment of ERHC'ers being pleased with Addax's PR dept. Oh yeah.....their latest report is extremely professionally layed out and clear. I'd be proud to have a piece of that like you've mentioned.

Great post.