Addax Petroleum (fka AXC)

[Julius Erving]

"Management does believe it has created and is executing on a viable plan that has the capability of eliminating the threat to continuation of our business."

Isn't that an incorrect sentence? Shouldn't it be: "(...) eliminating the threat to discontinuation of our business."

Farmout of EEZ is coming... soon. IMO.

Do you mean the other EEZ blocks too?

The 15% paid working interest in each of two additional blocks of ERHC’s choice and block 4...

EEZ Block 4 is 5,808 square kilometers, situated directly east of the island of Príncipe. The northeastern area near EEZ Block 4 contains a large graben structure, which is bound by the Kribi Fracture Zone.