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Re: midtieroil post# 315539

Saturday, 04/16/2016 11:37:13 AM

Saturday, April 16, 2016 11:37:13 AM

Post# of 360834
It read like the first part was Nigeria EEZ, and then the 1 billion oil and 1 trillion Gas was reported from the JDZ...no worries very Bogus.
The 25% to 27% ERHC will officially have after events come to pass,is important as with a sale , numbers would be based on lets say on 27% and not 13.50%. So we are assuming oil is found in commercial quantities to peruse these %'s. IF that were the case then we have derisked the Block and have valid information on well results,which would add value to the Block @ 27% rather than 13.50%.........IF IF we survive.
Cheers