ERHC Energy Inc (ERHE)

[balance_builder]

Stay the Course...my point is simple. You referenced Shrulls transfer from the Chevron team to the Addax team for the purpose of information sharing. I don't believe that to be the case. I think its far more than that looking at the big picture. I believe Chevron wanted their management placed in Addax. Ultimate goal.....buyout of Addax Petroleum.

Simply put...CVX has zero interests in ANY block outside of block 1 right now. There is ZIPPO reason for them to be willing to share one shred of their exploration with their competitors....UNLESS.....they have plans to eventually buy their competitor.

Addax underwriters mentioned Addax as being a takeover target. Now we have CVX planting key personnel inside Addax. It paints quite a picture IMHO. Their gain???? Operator of block 4, large interest in block 2 and 100K barrel per day production.