Addax Petroleum (fka AXC)

[sneak-attack]

It is much easier to believe in Nefarious behavior by the ERHE Management Team and any attempt by Management to make the right move.

ERHE has always lacked the physical attributes as well as the financial attributes of a proper Oil Exploration Company.

They have always been and will continue to be a Hydrocarbon Assets Holding Company with leases in some of the most desirable Hydrocarbon areas of the world.

The Nigerian power brokers have been diluted just like most investors. How will the Nigerian's rescue their $14 million plus investment?

Could Starcrest swap a % of the OML40 lease and thus proven reserves plus a steady stream of cash flow for a % of ERHE Hydrocarbon Assets.

I will not elaborate any further as I am quite sure those invested can envision any scenario they choose.

Just My Opinion as I could be wrong.

Sneak