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Re: oilman57 post# 1481

Thursday, 07/06/2006 2:28:48 PM

Thursday, July 06, 2006 2:28:48 PM

Post# of 10911
Of course there is a chance for just about everything to go opposite of any business plan. Since we have nothing but opinions here that it could happen.... then my opinion is there is less than 1% chance ERHC will see any reverse in awards as they currently stand. It goes to less than one half of one percent if it's based on the STP AG report which the JDA Council has already denounced. Finally, it goes to less than one quarter of one percent that the US, DOJ, or SEC can enforce a change to a treaty signed and sealed between two foreign governments. The biggest chance is for current BIG OIL companies dropping so much money in the pot they buy off all of Nigeria and the STP officials and nullify SEO's influence in the region.... but given we have all these groups that want open, honest, and clear contractual arrangements, big oil is left with only a slim chance at best. How big?... 1 percent, and they will have to cheat to do that. Of course it will be so obvious they cheated, if it comes to that, the percentage drops back to almost zero of ERHE seeing a reversal!

BCNU

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