ERHC Energy Inc (ERHE)

[bsk2007]

Hi Rocky,

Yup one and the same.

What's released in the media or to the general public is just the tip of a very large ice berg. The information being leaked to the public is that there is an air of cooperation between the parties involved.

This goes against my experience in dealing with competing oil companies over the years. Each company is in it for themselves. The farthest thing from their collective minds is that there is enough oil for everybody.

Mr. Schulls has his work cut out for him if he is in charge of coordinating the drilling schedules for four competing companies.

CVX is used to getting their own way. Getting them to share anything will be a real job.

The buyout scenario I've been reading might be a possibility after the first round of exploration is completed. If there is as much oil down there as advertised, the results of these wells will be among the most analyzed in history.

If these blocks are as good as advertised, the squabbling over who has what will be one for the text books.

The only solution to this mess may be a buyout of the competition. We'll see. One thing is for certain....the buyer will be paying thru the nose.

The attacks on ERHC will continue. These companies desperately want what our little minnow has.

bsk