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manuel06

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manuel06

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Saturday, 02/20/2016 10:07:19 AM

Saturday, February 20, 2016 10:07:19 AM

Post# of 18778
SEEK
ERHC must pay 25% of the cost of drilling their first well.
That may include site prep and rig mobilization and drilling Pad expense as well as what we don't know of all expenses(drilling supplies) towards drilling.IMO there may not be much left after that to run the company,even with all the reimbursements from Cepsa and the sale of Block 11 EEZ to Kosmos. From where we sit, things are not all black and white.
Baz
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