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Re: Strategyone post# 307838

Friday, 07/31/2015 5:19:44 PM

Friday, July 31, 2015 5:19:44 PM

Post# of 361381
Strategyone,

In this scenario the remaining ERHC stays unfunded and would likely be wrapped up and closed immediately. So you are saying we should be thrilled with a plan the gets us to Kenya drilling, which might not even be successful, yet this "deal" takes away any future potential with Chad, the EEZ, and the JDZ.

Golly, where can I sign up for such a swell deal?

Sorry for the sarcasm, but forfeiting 75% of the potential for a maybe in Kenya is not a good deal for shareholders. I want the protection of the diversification.

Actually, as I think about it... this sounds like more of a plan to divest Kenya to current shareholders and steal the rest of the properties in a bankruptcy hearing. Could it be those other properties have significantly more value and a lot of trouble is being taken to get them, without us? We *never* got a third party analysis of the JDZ wells. Hell, we never got a Sinopec analysis of the JDZ wells. Why not?

People maintain anonymity for a reason and it is rarely noble.

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